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Cards and Payments Industry Analysis Report & 2016 Forecasts Report Mexico

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Cards and Payments Industry Analysis Report & 2016 Forecasts Report Mexico Powered By Docstoc
					RnR Market Research Offers “Emerging Opportunities in Mexico’s Cards and Payments
Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive
Landscape” Report at US$4495 (Single User License). The report got published in Nov 2012 and
contains 103 Pages.




Synopsis
The report provides market analysis, information and insights into Mexico’s cards and payments
market, including:
Current and forecast values for each segment of Mexico’s cards and payment market including
debit cards, credit cards, prepaid cards and charge cards
Comprehensive analysis of the industry’s market attractiveness and future growth areas
Analysis of various market drivers and regulations governing Mexico’s cards and payment market
Detailed analysis of the marketing strategies adopted for selling prepaid cards used by various
bankers and other institutions in the market
Comprehensive analysis of consumer attitudes and their buying preferences for cards
Competitive landscape of Mexico’s cards and payments market

Get your copy of this report @ http://www.rnrmarketresearch.com/emerging-opportunities-
in-mexicos-cards-and-payments-industry-market-size-trends-and-drivers-strategies-
products-and-competitive-landscape-market-report.html

Summary
The debit cards category was the prime driver of growth during the review period recording a
CAGR of 13.58% between 2008 and 2012. The highest transaction value during the review period
was also reported in the debit cards category, with MXN2.6 trillion (US$213.2 billion) in 2012. In
the credit card category, the overall transaction value in 2012 was only MXN471.1 billion (US$38.0
billion). Domestic service provider Carnet is expected to transform the cards market in Mexico
during the forecast period. Carnet is issued by Prosa, the company formed by top Mexican banks:
HSBC Mexico, Grupo Financiero Banorte SAB, Banco Invex, Grupo Financiero Santander SAB,
Grupo Scotiabank and Banjercito. These banks are expected to promote Carnet cards as an
alternative to foreign scheme providers such as Visa and Prepaid, which are more costly in terms
of processing. The expansion of Prosa’s ATM network is expected to facilitate their wider use and
issuance within Mexico.

Scope
This report provides a comprehensive analysis of Mexico’s cards and payments market
It provides current values for Mexico’s cards and payments market for 2011 and forecast figures
for 2016
It details the different macroeconomic, infrastructural, consumer and business drivers affecting
Mexico’s cards and payments industry
It outlines the current regulatory framework in the industry
It details the marketing strategies used by various bankers and other institutions
It profiles the major banks in Mexico’s cards and payments market

Reasons To Buy
Make strategic business decisions using historic and forecast market data related to Mexico’s
cards and payments market and each market within it
Understand the key market trends and growth opportunities within Mexico’s cards and payments
market
Assess the competitive dynamics in Mexico’s cards and payments market
Gain insights into the marketing strategies used for selling various types of cards in Mexico
Gain insights into key regulations governing Mexico’s cards and payment market

Key Highlights
The debit cards category was the prime driver of growth during the review period recording a
CAGR of 13.58% between 2008 and 2012.
Domestic service provider Carnet is expected to transform the cards market in Mexico during the
forecast period.
The expansion of Prosa’s ATM network is expected to facilitate their wider use and issuance of
Carnet cards within Mexico.
The prepaid cards category exhibits the strongest growth prospects over the forecast period. It is
expected to grow at a CAGR of 12.09% over the forecast period, driven by government payroll
cards, government welfare or benefit cards, prepaid travel and transport cards, and prepaid gift
cards.
Mexican banks employ low pricing to promote prepaid card products. Most banks charge no
annual or card replacement fees, and do not charge for balance inquiries and cash withdrawals at
parent-bank ATMs. Fees are typically only charged for overseas use of cards.


For more details contact Mr. Priyank Tiwari: sales@rnrmarketresearch.com / +18883915441

Website: http://www.rnrmarketresearch.com/

				
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Description: The debit cards category was the prime driver of growth during the review period recording a CAGR of 13.58% between 2008 and 2012. The highest transaction value during the review period was also reported in the debit cards category, with MXN2.6 trillion (US$213.2 billion) in 2012.