Belgium's Cards and Payments Industry: Emerging Opportunitie

1. Main Title Market Research Report Belgium's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape ©reportscue

2. Synopsis: The report provides top-level market analysis, information and insights into Belgium's cards and payments industry, including: • Current and forecast values for each category of Belgium's cards and payments industry, 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 Belgium's cards and payments industry • Detailed analysis of the marketing strategies adopted for selling debit and credit cards used by banks and other institutions in the market • Comprehensive analysis of consumer attitudes and buying preferences for cards • The competitive landscape of Belgium's cards and payments industry

3. Report Overview:Belgian card payments registered positive growth during the review period (2009-2013), recording a compound annual growth rate (CAGR) of 3.30% to reach 39.1 million cards in circulation by the end of 2013. In terms of transaction value, payment cards accounted for EUR121.7 billion (US$161.3 billion) in 2013, after registering a review-period CAGR of 5.95%. The transaction value is expected to grow over the forecast period (2014-2018), at a CAGR of 5.96%. Improvements to banking infrastructure and the installation of point of sale (POS) terminals at merchant outlets were the payment cards instrument’s key growth drivers. In terms of transaction value, debit cards accounted for a market share of 89% in 2013; the highest among payment cards, a situation that is expected to continue over the forecast period. Charge cards accounted for the second-highest position, followed by credit cards, while prepaid cards accounted for the lowest share of 0.2% in terms of transaction value in 2013.  Moreover, from 2011, Belgian banks implemented geo-blocking which involves restricting Maestro functions or debit card use without chip-and-PIN verification in European countries. This helped reduce skimming activity and therefore, counterfeit card fraud declined at the highest CAGR of -18.30% of all card fraud types during the review period.

4. Scope : • This report provides a comprehensive analysis of Belgium's cards and payments industry. • It provides current values for Belgium's cards and payments industry for 2013, and forecast figures for 2018. • It details the different economic, infrastructural and business drivers affecting Belgium's cards and payments industry. • It outlines the current regulatory framework in the industry. • It details the marketing strategies used by various banks and other institutions.  • It profiles the major banks in Belgium's cards and payments industry.

5. Key Highlights :• Banks have increased their focus on adopting advanced technology to enhance consumers’ banking experience. Banks usually cater to diverse consumer segments including small and medium-sized enterprises (SMEs), large enterprises, and individual merchants such as plumbers and carpenters, and offer services for making and accepting payments through multiple channels. Since June 2013, KBC-Pay Me and CBC Xengo mobile payment services have been available in KBC Bank NV and CBC Bank branches respectively in Belgium, as part of a sales and marketing alliance between KBC Bank NV, its subsidiary CBC Bank, and Atos Worldline. • Proton was an electronic purse launched in Belgium in 1996 by Bancontact/Mister Cash for low-value payments such as car parking and vending machines. In 2012, Bancontact/Mister Cash announced that it was to deactivate protons completely from Belgium due to a low service user base. • The issuance of EMV-compliant cards and the growth in internet penetration will support the overall security and growth of card transactions respectively. The number of EMV cards in circulation increased from 19.3 million in 2009 to 21.3 million in 2013, at a CAGR of 2.58%. The main driving factor for EMV migration was Belgium’s neighboring countries France and the UK.

6. Table of Contents: 1 Executive Summary2 Analysis of Market Environment, 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 Payment Cards and Growth Prospects 7 Analysis of Credit Cards Market and Growth Prospects 8 Analysis of Debit Cards Market and Growth Prospects 9 Analysis of Charge Cards Market and Growth Prospects 10 Analysis of Prepaid Cards Market and Growth Prospects 11 Merchant Acquiring 12 Company Profiles of Card Issuers 13 Appendix

7. Reason To Buy :• Make strategic business decisions using top-level historic and forecast market data related to Belgium's cards and payments industry and each market within it. • Understand the key market trends and growth opportunities in Belgium's cards and payments industry. • Assess the competitive dynamics in Belgium's cards and payments industry. • Gain insights in to the marketing strategies used for selling various card types in Belgium. • Gain insights into key regulations governing Belgium's cards and payments industry. To Get Details: http://www.reportscue.com/belgiums-cards-and-payments-industry-emerging-opportunities-trends-size-drivers-strategies-products-and-competitive-landscape-market