Research and Markets: Poland Cards and Payments Industry Report 2015: Emerging Trends and Opportunities to 2019

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/8qjrrt/the_cards_and) has announced the addition of the "The Cards and Payments Industry in Poland: Emerging Trends and Opportunities to 2019" report to their offering.

The 'The Cards and Payments Industry in Poland: Emerging Trends and Opportunities to 2019' report provides detailed analysis of market trends in Poland's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including check payments, credit transfers, direct debits, payment cards and cash transactions during the review period (2010-2014).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2015-2019). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

Key Highlights

- Poland was one of Europe's early adopters of contactless technology, and consumers are among the highest users of contactless payments, behind the UK and France. Contactless is seen as an area of huge potential in Poland, especially by Visa, which sees the advance of contactless as highly successful. Visa is heavily promoting contactless payment cards in Poland, and growth has been so impressive that Poland is now Visa's largest contactless market in Europe. Use of contactless cards is dependent on infrastructure being in place, investment in which is starting to bring results. There were 10,000 terminals that could accept contactless cards in 2011, and according to Visa Europe, 354,000 terminals supported contactless payments as of March 2015.

- Banks are launching a range of new products to capitalize on the growing popularity of contactless mobile payments (m-payments). In April 2015, Bank BPH, in partnership with MasterCard, T-Mobile and Orange, introduced contactless m-payments for credit cardholders, allowing them to make contactless payments of up to US$15.9 (PLN50). In January 2015 nine Polish banks - ING Bank Slaski, mBank, Bank Millennium, Raiffeisen Polbank, Getin Bank, Bank Polskiej Spóldzielczosci, Bank SMART and Eurobank - announced plans to commercially launch Visa cloud-based contactless m-payment services by the end of 2015.

- Banks in Poland are moving slowly towards the low-cost banking model to reduce overheads associated with traditional branch banking. Poland's first digital bank, Alior Sync, was launched by Alior Bank in June 2012. The bank targets active internet users, and offers banking services through Facebook and other social networking sites. The bank also developed apps to encourage online and mobile banking. Similarly, Citibank launched a virtual branch for Polish consumers in September 2010. The growth of online banking model could pose a real challenge to traditional banks, if operators can turn the low-cost model into a money-saving option for consumers.

Key Topics Covered:

1 Definitions and Methodology

2 Key Facts and Events

3 Executive Summary

4 Payment Instruments

5 E-Commerce

6 Alternative Payments

7 Regulations in the Cards and Payments Industry

8 Analysis of Cards and Payments Industry Drivers

9 Market Segmentation and New Product Launches

10 Payment Cards

11 Debit Cards

12 Credit Cards

13 Charge Cards

14 Commercial Cards

15 Card Issuers

16 Prepaid Cards

17 Merchant Acquiring

18 Appendix

Companies Mentioned

- PKO Bank Polski

- mBank

- Bank Zachodni WBK

- Bank Pekao

- ING Bank Slaski

- Citi Handlowy

- Visa

- MasterCard

For more information visit http://www.researchandmarkets.com/research/8qjrrt/the_cards_and

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cards, Discount Retail

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cards, Discount Retail