DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jv5gck/mexicos_cards) has announced the addition of the "Mexico's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering.
The debit cards category was the prime growth driver of the Mexican card payments channel during the review period (2008-2012), and recorded a CAGR of 13.15% in terms of the volume of cards in circulation. The debit cards category posted the highest transaction value and valued MXN2.6 trillion (US$199.7 billion) in 2012. Within the credit card category, the overall transaction value reached MXN467.2 billion (US$35.4 billion) in 2012.
The prepaid cards category is expected to exhibit strong growth prospects over the forecast period (2013-2017) and post a CAGR of 5.69% in terms of the volume of cards in circulation. This will be driven by government payroll cards, government welfare (benefit cards), prepaid transport cards and prepaid gift cards. In association with mobile services operator Rêv Worldwide, domestic bank Banorte launched a general-purpose reloadable card, MiFon. This is expected to support the prepaid cards category over the forecast period. Rather than purchasing products through credit, the Mexican population tends to base their expenditure on their income value, which is expected to increase the scope for prepaid cards as customers are able to define an upper limit on spending.
Reasons To Buy
- Make strategic business decisions using top-level historic and forecast market data related to Mexico's cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities within Mexico's cards and payments industry.
- Assess the competitive dynamics in Mexico's cards and payments industry.
- Gain insights in to the marketing strategies used for selling various types of cards in Mexico.
- Gain insights into key regulations governing Mexico's cards and payment industry.
Key Topics Covered
1 Executive Summary
2 Analysis of Market Environment and Key Trends and Drivers
3 Cards and Payments Industry Share Analysis
4 Regulatory Framework and Card Fraud Statistics
5 Emerging Consumer Attitudes and Trends
6 Analysis of Card Payments and Growth Prospects
7 Analysis of Credit Card Payments and Growth Prospects
8 Analysis of Debit Card Payments and Growth Prospects
9 Analysis of Charge Card Payments and Growth Prospects
10 Analysis of Prepaid Card Payments and Growth Prospects
11 Merchant Acquiring
12 Company Profiles of Card Issuers
13 Appendix
Companies Mentioned
- BBVA Bancomer
- Banco Nacional de Mexico
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Banco Regional de Monterrey
- Grupo Financiero Inbursa
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HSBC Mexico
- MasterCard
- Visa
For more information visit http://www.researchandmarkets.com/research/jv5gck/mexicos_cards
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