Competitive Dynamics in the UK Payment Card Market

Competitive Dynamics in the UK Payment Card Market

  • Products Id :- 263006
  • |
  • Pages: 45
  • |
  • |
  • |
  Request for Sample Report
  Request A Quote

Executive Summary


The Big Four banking groups (HSBC, Lloyds Banking Group, RBS Group, and Barclays) remain dominant in the UK payment card market. However, the market has opened up in recent years following the entry of new players and the weakening of the position of the major incumbents. This has led to high levels of competition for customers.


Gain an improved understanding of the dynamics currently affecting competitors in the UK cards market.

View key metrics for each of the major issuers in the pay now and pay later cards markets.

Use Verdict Financial's in-depth analysis of the strategies being employed by UK card issuers to inform your strategy.

Benefit from strategic recommendations informed by Verdict Financial's extensive market research.

Reasons To Buy

Have the major card issuers changed market share significantly?

What are the major challenges to the established issuers in the UK market, and how are issuers responding to these challenges?

What are the successful strategies being used to acquire and retain customers, and why are they successful?

Which strategies will bring issuers success in the UK market in the future?

Key Highlights

The replacement of the Payments Council and the implementation of the Multilateral Interchange Fee Regulation are expected to restrict issuer incomes. Issuers can deal with these challenges by passing on costs to consumers, but this needs to be done carefully to avoid alienating them.

The card-linked loyalty model has enabled issuers to offer debit card loyalty programs with merchant-funded offers. The fact that these schemes are now viable means issuers should seek to enter partnerships with third-party loyalty providers to add these schemes to their portfolios.

Introductory balance transfer offers have been steadily increasing in the UK market due to heavy competition for credit card customers. However, some issuers such as RBS and NatWest are abandoning this market entirely, which may indicate the unsustainability of the current model.

Read More

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications


Single User License:
Report can be used by individual purchaser only

Site License:
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License:
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

To know more information on Purchase by Section, please send a mail to sales [@]

select a license
Single User License
USD 2795 INR 200961
Site License
USD 5590 INR 401921
Corporate User License
USD 8385 INR 602882



I appreciate their diligence and determination in customizing the research project. The data proves to be valuable and accurate. I would, in future, definitely use their services again...

I would like to thank Ken research team for meeting our report deliverables. The report is very good and we appreciate your well cooperation. ...

The research you conducted was very helpful for us and the integrity of your research approach gave us great confidence in the data. Look forward to collaborating again in future...

An excellent provider. Thorough, precise and outstanding insight. They drill down to what we need and their reports are effective at integrating text with supporting graphics and charts. Their reports are a great resource to go back too. ...

Coherent, high-quality, thoroughly-researched reports. We received a very quick response to all our queries which eventually expedited the entire process....

Ken Research Private Limited, Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49
     Gurgaon, Haryana - 122001, India


Company Brochure

Engage with Us

sales [@]