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

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.

Synopsis

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

+91-9015378249

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 query [@] kenresearch.com
 

select a license

Single User License
USD 2795 INR 178405
Site License
USD 5590 INR 356810
Corporate User License
USD 8385 INR 535215

NEWSLETTER BY CATEGORY




Testimonials

The report sent to us was on the point, and its information was quite extensive, well structured, and well researched. More importantly what we valued was your response time and professionalism. As a leading global consulting firm, our clients expect high quality deliverables in short periods of time, so a reliable research partner is essential. For the price that you have charged the quality of your services were exceptional. We look forward to continue our relationship with your team on future engagements....

This is with regards to your report on India PVC pipes and fitting market outlook industry outlook to 2019. This is a very well written report and accept my compliments on the same.... ...

I am pleased to see the very useful and productive information in the report..Very well structured great presentation reflect professionalism in your research studies....

While we still are studying and analysing your reports about Vietnam & Thailand, we would like to convey to your research team that they have done a very good job in compiling so much of information together. We hope to see more of such well researched reports. All the best & keep it up. ...

We would like to appreciate Ken Research for their great efforts and wonderful support in providing the Market Intelligence Report for ITPC. The information, statistics and research are well understandable and very clear to the point. We are happy with Ken research for their good client service, on-time delivery of the report and as said the report itself. Thank you Ken research for bringing the valuable output for us. We would be looking forward to have more research with you in the near future. Wish you a success in your business!...



Related Products in vertical
Ken Research Pvt. Ltd. Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49
     Gurgaon, Haryana - 122001, India

download

Company Brochure

Engage with Us

query [@] kenresearch.com