This individual Report Small Business Credit Card 2010 Update: Dare We Call The Bottom? is available for purchase. This Report is available to members of Mercator Advisory Group’s Credit Advisory Service. Please be advised that this Report is normally part of a research and advisory service that provides ongoing support throughout the year. As such, this Report contains significant depth of content that is selected for its strategic importance to our members. (For a description of these services, see our Advisory Services section).
While the Report represents significant analyst time invested, there is no means of our ascertaining if it will fully meet your specific intended purposes. Typically, these Reports form the basis for future discussions with our clients where we are able to fine-tune additional information that we have gathered in the construction of the series of Reports (or locate new information rapidly due to our exclusive focus on gathering information in the payments industry) for specific member needs.
Unfortunately, in fairness to our paying members, we are not able to offer this level of support for a single Report purchase. We will, however, credit any Research Document purchase against the future purchase price of the service should you become a member within 30 days of purchasing the document.
The price for individual Report purchases is $2450 per document.
Use the form below to request this individual Report purchase orClick here for a fax-back order form
Small Business Credit Card 2010 Update:
Dare We Call The Bottom?
New Research Examines Developments in Competitive
Small Business Credit Card Marketplace
Boston, MA -- The small business credit card segment may be finally nearing its decline, at least in terms of card spending volume.
In spite of the economy's ongoing disruptions this year, issuers of these products have been developing initiatives in the areas of:
"As issuers return cautiously to marketing mode, they are trying to maximize their appeal to equally cautious business owners. Card-based spending appears to be picking up modestly due to improving business activity, but demand for card-based credit has yet to recover. Business owners are primarily focused on cash flow management and maintain a pay-now orientation," comments Ken Paterson, director of the Credit Advisory Service and primary author of the report.
- Branch-based marketing
- Adding value for small business cardholders through social media and value added services
- New and revived charge (non-revolving) cards
Highlights of this report include:
The small business credit card market declined in 2009 as businesses cut back spending.
The small business credit segment will enjoy minor increases in spending volume for the industry for 2010.
On balance, while credit conditions are still tight, lack of credit demand by small businesses appears to be the main factors holding down credit expansion. Most businesses are avoiding borrowing.
While avoiding major regulatory interventions in 2010, the segment is not immune to scrutiny, especially regarding marketing practices, disclosures, and the definition of eligible businesses.
2011 looks like a modest growth year for small business cards in terms of spending, while credit outstanding continues to decline, primarily due to lack of demand.
One of the 7 exhibits included in this report:
This report contains 26 pages and 7 exhibits.
Companies covered in this report include: American Express, Chase, Discover, MasterCard, Visa.
Members of Mercator Advisory Group have access to this report as well as upcoming research for the year, presentations, analyst access and other membership benefits.
Please visit us online at www.mercatoradvisorygroup.com.
For more information and media inquiries, please call Mercator Advisory Group's main line: (781) 419-1700, send E-mail to email@example.com.
Follow us on Twitter @ http://twitter.com/MercatorAdvisor.
About Mercator Advisory Group
Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors.