USA PLASTIC CARDS AND PLASTIC CARDS FACTORY USA plastic cards Introduction
USA Plastic Cards 2008 provides an overview of the key trends and issues facing the USA card market. Intense competition, regulatory compliance and rising interest rates and a deteriorating economic situation have all challenged issuers in 2007-08. This report provides in depth coverage of these and other issues, along with full data for the credit, charge, debit, and private label card markets.
Scope of this report (USA plastic cards)
▲ This report provides full market data for the USA credit, charge, debit, and private label card markets for the period 1998-2007.
▲ Competitor market share data for the credit card market is provided, by cards in issue and balances outstanding, for the period 2003-2007.
▲ Includes an extensive analysis of the impact of the economic downturn on the USA payment cards market.
▲ Forecasts for the credit, debit, charge, and private label markets are provided for the period 2008-2012
Research and analysis highlights (USA plastic cards)
The total value of transactions made on charge, credit, debit and private label cards once again grew from the previous year, reaching £540 billion, an increase of 8.3% or £42.3 billion from 2006. The main driver of this growth was increased activity in the debit card sector.
After declining in 2005 and 2006, the number of cards in issue grew once again in 2007. The decline in cards has been due to a falling number of both private label and credit cards, but this has been offset by a growing number of debit cards in issue.
Datamonitor forecasts that growth in the USA payment card market will slow considerably on past performance to 2012. Under Datamonitor's neutral forecasting scenarioits view of the future outlook for the marketannual growth in the value of transactions made on USA-issued payment cards will average 5.9% over 200812.
Key reasons to read this report (USA plastic cards)
▲ Learn about all the latest developments in the USA payment card market from this comprehensive and concise report
▲ Understand how the market is being affected by the economic downturn, and discover Datamonitor's view on this subject
▲ Get ahead of the competition by using Datamonitor's market forecasts, including credit card market forecasts, for different economic scenarios.
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