Contactless cards – Global 2011

 

The Global Contactless Payment Cards Market.
Development, Opportunities and Perspectives
research report, February 2011

 

 

 

 

 

This Report describes the evolution and operation of contactless payment methods used at POS, with particular reference to the solutions offered under the American Express–MasterCard–Visa Agreement. The Report discusses the benefits contactless payments can bring to all market participants, including card issuers and merchants. Much space has been devoted to describing the current position of particular systems functioning in various countries and to the implementation of the most important pilot schemes. The Polish market is an excellent example of a successful strategy of accelerating contactless payments development through joint investment in a fast expansion of terminal network and mass issuance of cards. The Report also describes the prospects for the development of contactless payments all over the world, including the potential to develop into NFC-based mobile payments. The Report is based on the opinions of experts and business practitioners as well as on a range of data obtained from the most important contactless payments market participants and international consulting firms.

Key findings: In the nearest years the replacement of a considerable number of cash transactions with contactless payments at POS, in public transport, or anywhere fast service is required, can become a fact in the most of developed countries. However, mass popularisation of electronic payments requires time to deal with customers’ habits and their deep conviction about the advantages of cash as an anonymous and a commonly accepted method of payment. Benefits from contactless payments can accelerate the development of whole cashless turnover in retail transactions all over the world.

Table of contents: PDF >>

Sample pages: PDF >>

The Report:

  • is 81 pages long (a two-column text),
  • contains 27 charts and figures, as well as 6 tables,
  • describes 16 case studies of the implementation of contactless payments and presents interview with 23 experts,
  • presents unpublished data concerning the number of contactless cards and terminals in the world. The data collection was commissioned by the Fenbrook Consulting,
  • is based on several research reports as well as numerous articles and primary sources, such as information from market participants, including large international corporations.

 

The following companies participated in the Report:

MasterCard Europe, Visa Europe, Bank Zachodni WBK SA, PKO Bank Polski SA, Inteligo, Polbank EFG, Gemalto, Fenbrook Consulting, Żabka Polska SA, NOKIA, mBank, Forrester Research.

 

The Report is addressed to:

  • commercial and cooperative banks,
  • acquirers and card organisations,
  • supermarkets and other retail chains,
  • academic centres,
  • public transport companies and local governments.

 

Report price:

The Report is sold on the basis of three licence types:

  • Single User licence - This licence permits 1 user to access to the Report - price 250 EUR net *
  • Institutional licence - This licence permits 20 users from the purchasing institution to access to the Report - price 1 000 EUR net *
  • Partner licence - This licence permits 50 users from the purchasing institution and a total of 100 users representing its partners (a maximum of 50 entities) to access to the Report - price is negotiable.

* The value of the order is a net value which should be increased by the VAT if the purchaser is a VAT payer.