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This report provides an overview of the global online and mobile payments industry, examining the industry in terms of market size, its segments, evolution of the industry, geographic segmentation, value chain, key drivers, trends, major players, and challenges.
The Future of Online and Mobile Payments Introduction This report provides an overview of the global online and mobile payments industry, examining the industry in terms of market size, its segments, evolution of the industry, geographic segmentation, value chain, key drivers, trends, major players, and challenges. It also examines the future of the digital payments industry in terms of convergence of devices, technologies and value chains. Features and benefits • Use detailed analysis of the online and mobile payments industry to identify key business opportunities. • Access comprehensive coverage of the different segments within the online and mobile payments industry. • Profile the leading players in the online and mobile payments arena and understand the impact of their recent initiatives. • Identify changes to value chains and business models, and their impact on the future development of the market. Highlights Business Insights anticipates that the alternate payments industry comprising online, mobile and contactless segments will post a CAGR of 17.6% over the period 2010-15, with revenues increasing from $740bn in 2010 to $2,700bn in 2015. The largest revenue generating segment of the advanced payments industry is the online payment segment. The various industry drivers include increasing internet penetration rates, increasing fixed and mobile broadband subscriptions, ecommerce volumes, smartphone shipments, and smartphone penetration rates. The over-riding consumer meta-theme for the industry is going to be convergence - whether of devices, technologies, or value chains. Due to this, NFC will emerge as the de facto industry standard for conducting mobile payment transactions within the next couple of years. Browse All IT & Telecommunication Market Research Reports Your key questions answered • What are the key drivers and resistors that will impact the growth of the online and mobile payments industry? • What is the market size and growth potential of each sub-segment of the industry? Which segment has the highest growth potential? • Who are the key players in the online and mobile payments industry? What initiatives are they launching, what are their strategies for future success? • How will consumer and technological trends shape the future of the digital payments industry? Table Of Contents Executive Summary The online payments industry landscape Major players in the online payments industry Challenges and issues in the online payments industry The mobile payments industry landscape Global mobile payments initiatives The future of online and mobile payments Sushma Kaza Disclaimer Introduction What is this report about? Who is this report for? Methodology The online payments industry landscape Summary Introduction Global alternate payments industry market size by value Segments of the online payments industry Credit and debit cards Internet / online banking Geographic segmentation of the global payments industry Evolution of the online payments industry Two-party system Three-party system The online payment industry value-chain with the four-party system The online payment transaction process Online payment industry drivers Increasing internet usage and penetration rates boosting industry growth Accelerating fixed broadband subscriptions driving industry growth Growing e-commerce business fuelling online payments Declining channel transaction costs favor alternate payments Convenience, improved service quality and online shopping experience boost growth Trends in the online payment industry Shifting consumer preferences favor debit card usage Micropayments are the new frontier Convergence of social networking, apps and online games present growth avenues Technological innovations transforming the industry landscape Rising popularity of online banking transactions Old players are assuming new roles Major players in the online payments industry Summary Introduction Visa Recent financial performance Key strategies MasterCard Recent financial performance Key strategies PayPal How does PayPal work? How does PayPal earn revenues? Recent financial performance Key Strategies Top ten US bank acquirers Top ten global bank issuers Challenges and issues in the online payments industry Summary Introduction Fraud Online revenue loss due to fraud Phishing Measures to combat fraud Payment Card Industry Security Standards Council Regulation Interchange fees Regulation of interchange fees Recent regulations and interchange fees in the US Regulations in some important markets Australia The mobile payments industry landscape Summary Introduction Segmentation of the mobile payments industry Mobile payments channels Global mobile payments market size by segment Geographic segmentation of the mobile payments industry by users Mobile payments industry drivers Increasing smartphone shipments create substantial growth opportunities Exponential growth in mobile subscriptions is another key driver Accelerating mobile internet penetration rates facilitate technology platforms Mobile payment apps are emerging as the “killer apps” for the industry Stabilizing mobile service revenues and declining ARPU’s compelling MNOs to search for alternate revenue avenues Low traditional branch banking penetration rates boost demand for alternate payments Trends in the mobile payments industry Evolving value-chain is encompassing all stakeholders Innovations are renewing interest in the industry Rise of the social networking sites Inhibitors Fraud and security concerns Adoption costs offer substantial barriers to entry Lack of stakeholder co-ordination and absence of NFC-enabled phones How does a mobile payment transaction take place? The mobile payments value-chain Handset manufacturers Chip manufacturers Mobile network operator (MNO) Technology enablers Business Models Operator-centric model Financial institution-centric (FI) model Collaboration model Payment technologies SMS USSD RFID NFC 2D bar code Global mobile payments initiatives Summary Introduction Initiatives by geographical region Asia Pacific EU US Latin America Africa Initiatives by major stakeholders Payment networks FIs MNOs Apps and OS-based Others The future of online and mobile payments Summary Introduction Convergence of devices – form factor and connectivity Convergence of technologies – interoperable and integrated Customer Merchant Financial institutions Convergence of systems – interchangeable and seamless Contact: Mr.Priyank 7557 Rambler road, Suite727,Dallas,TX75231 Tel: +1-888-989-8004 E-mail: email@example.com http://www.reportsandreports.com Visit our Market Research Blog
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