DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kg846z/the_cards_and) has announced the addition of the "The Cards and Payments Industry in Sweden: Emerging Trends and Opportunities to 2019" report to their offering.
'The Cards and Payments Industry in Sweden: Emerging Trends and Opportunities to 2019' report provides detailed analysis of market trends in Sweden'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.
- To capitalize on the fast-growing e-commerce market, Swedish banks plan to expand Swish, a widely used mobile e-commerce app, by the end of 2016. Swish is owned by a consortium of six Swedish banks - Danske Bank, Handelsbanken, Länsförsäkringar Bank, Nordea, SEB and Swedbank - and is presently used only for peer-to-peer (P2P) and in-store payments. Since its launch in November 2012, Swish has grown in popularity, with nearly 3 million individuals enrolled for the service, and an average of 6 million transactions per month. This move by banks to expand Swish's scope for e-commerce is expected to drive mobile payments (m-payments).
- MasterCard launched the MasterPass digital wallet in association with Nordea, SEB and Swedbank, in December 2015, to provide convenient and secured online payments for Swedish consumers. MasterPass users can shop online without having to enter payment and shipping information with every purchase. Swedish consumers can initially use MasterPass for online and in-app shopping, and the service will gradually be extended to retail payments. ICA Banken and Resurs Bank will offer MasterPass to customers in early 2016.
- Competition in Sweden's debit card market is expected to rise, with non-banking companies starting to offer basic banking and financial services. Invoice-based payment solution provider Klarna applied for a banking license in October 2015, and is awaiting approval from the Swedish Financial Supervisory Authority (FSA). The company plans to offer savings accounts and debit cards.
Key Topics Covered:
1 Definitions and Methodology
2 Key Facts and Events
3 Executive Summary
4 Payment Instruments
6 Alternative Payments
7 Regulations in the Cards and Payments Industry
8 Analysis of Cards and Payments Industry Drivers
9 Market Segmentation
10 Payment Cards
11 Debit Cards
12 Credit Cards
13 Charge Cards
14 Commercial Cards
15 Card Issuers
16 Merchant Acquiring
- Svenska Handelsbanken
- Nordea Bank
- Skandinaviska Enskilda Banken (SEB)
- Länsförsäkringar Bank
- American Express
- Diners Club
For more information visit http://www.researchandmarkets.com/research/kg846z/the_cards_and