Research and Markets: Canadian Payment Card Market 2012

DUBLIN--()--Dublin - Research and Markets has announced the addition of the "Canadian Payment Card Market 2012" report to their offering.

Canada is the one of the world's largest and most rapidly evolving payment card markets. At the end of 2011, close to 80 million network-branded credit cards were in circulation (up about 6% from a year earlier), and the market itself has consistently recorded growth in the number of cards in circulation. In addition, purchase transactions and purchase value on Canadian credit cards have shown steady, strong growth.

At the same time, this card industry faces challenges from different fronts. The economy slowdown in the first quarter of 2012 raised concerns about consumer spending growth, and the tightening regulatory environment might significantly impact the profitability of the industry in the short term.

Canadian Payment Card Market 2012, Mercator's latest report, provides an updated view of this market paired with an overlay perspective on overall macro economic growth and consumer payment behavior to provide background and context. Topics covered in this research include: dynamics in the business ecosystem, market growth, major players, changes in the industry landscape, and major developments in the regulatory environment.

Highlights of the Research Findings Include:

- The effects of the global economic recession on the Canadian economy, overall consumer confidence and spending levels

- Trends in Canadian card market growth and usage Updates to card circulation and a side-by-side view of statistics compared to the United States

- The behavior of Canadian credit card users that has benefited issuers and the industry as a whole

- A view of the current regulatory environment and how upcoming changes stand to impact the industry

Key Topics Covered:

Executive Summary

Introduction

Overview of the Canadian Payment Card Market

Canada's Macroeconomy

Canada Payments Industry Dynamics

Payment Trends

The Credit Card Market

Market Growth

Consumer Behavior

Infrastructure: Credit Bureaus

Merchant Acceptance

Industry Landscape

Card Networks

Card Issuers

Acquirers

Credit Card Regulations

Payment Card Network Act

Code of Conduct for Credit and Debit Card Industry in Canada

Ongoing Government Investigation of Credit Card Fees

EMV and Credit Card Fraud

Contactless, Proximity Mobile, Online, and Mobile Remote Payments

Conclusions

End Notes

Copyright Notice

Companies Mentioned:

- Bank of Montreal

- Bank of Nova Scotia

- Canadian Imperial Bank of Commerce (CIBC)

- Chase Paymentech

- Mastercard

- Moneris

- Royal Bank of Canada

- TD Bank

- TSYS

- Visa

For more information visit http://www.researchandmarkets.com/research/z25982/canadian_payment

Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cards

Sharing

Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cards