This individual Report U.K. Credit Card Issuing: Across The Pond, But Not Out Of The Woods is available for purchase. This Report is available to members of Mercator Advisory Group’s Global Payments 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 $2950 per document.
Use the form below to request this individual Report purchase orClick here for a fax-back order form
U.K. Credit Card Issuing: Across The Pond, But Not Out Of The Woods
NEW RESEARCH REPORT BY MERCATOR ADVISORY GROUP
This report examines recent downturns in U.K. credit card issuing in terms of receivables and payment volume, which are unprecedented in this traditionally fast-growing card market. Credit card growth rates in the U.K. have historically exceeded those of the U.S., and the decline in growth represents a sudden departure from these trends. This report highlights comparisons between the U.S. and U.K. in order to look for clues in the growth and maturation of the two markets.
Four major U.K. trends are seen as drivers:
* Consumers' choices to avoid use of card-based credit, due to underlying economic concerns and availability of better-priced loan alternatives.
* Heightened publicity about allegedly deceptive lending terms employed by issuers.
* Strong growth of debit as a payment alternative
* Disruptions caused by implementation and issuance of EMV (chip and PIN).
The confluence of conditions in the U.K. may or may not be unique, but could hold lessons for the U.S. issuers. The report discusses strategic and product development trends being employed by U.K. issuers in this challenging environment. While U.K. credit card issuing conditions are challenging conditions. They are not totally different from those that could arise in the U.S.
Given the strong historical parallels in the U.K. and U.S. card issuing markets, the U.K. experience offers an interesting case study. Ken Paterson, Director of the Credit Advisory Service at Mercator Advisory Group and the author of this report comments that; "While U.S. cardholders have coped well with parallel market conditions, with no precipitous behavior changes to date, the U.K. experience raises legitimate questions as to whether U.S. consumers could follow suit."
One of the 11 Exhibits included in this report:
The report is 24 pages long and contains 11 exhibits
Members of Mercator Advisory Group have access to these reports as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits. Please visit us online at www.mercatoradvisorygroup.com.
For more information call Mercator Advisory Group's main line: 781-419-1700 or send email to firstname.lastname@example.org.