Consumer Payments Country Snapshot: Mexico 2016
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The Mexican cards market is generally underdeveloped. Despite a high penetration of pay-now cards, financial inclusion is incomplete and the market in general is heavily reliant on cash. The cards market is growing strongly but not explosively, and current trends make it unlikely that there will be a major shift in the near future.
Scope
Verdict Financial’s “Consumer Payments Country Snapshot: Mexico 2016” examines the consumer payments market in Mexico, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. This report also examines the regulations in force in the market that players must comply with, and how these have changed in recent years.
– Analyzes consumer attitudes to financial services by life stage.
– Analyzes the major payment card types in terms of both card holding and usage.
– Identifies the major competitors in card issuing and how their position in the market has changed over the last five years.
– Considers consumer attitudes towards prepaid cards, P2P tools, mobile payment tools, and contactless cards, and how companies in Mexico are deploying these tools to meet customer needs.
– Explores the online payment market in the UK by merchant type and payment tool, as well as providing a five-year forecast for the development of the market.
– Considers the regulations affecting the payments market and how they are likely to affect both incumbents and disruptors.
Reasons to Buy
– Understand the key facts and figures in the consumer payments market in Mexico.
– Learn which trends drive consumer behavior at the macro level and plan your strategy accordingly.
– Find out which products the major competitors are launching and plan your strategy accordingly.
– Discover consumer sentiments towards various payment tools in the Mexican market and use this knowledge to inform product design.
– Learn about the key regulatory requirements affecting payments players in Mexico and any recent or upcoming changes to those requirements.
Mastercard
American Express
Diners Club
Banamex
Apple
Samsung
BBVA
Banorte
Banco Santander
Banco Azteca
Citibank
HSBC
Scotiabank
Banco Facil
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