The Cards and Payments Industry in Australia: Emerging Trends and Opportunities to 2020
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GlobalData’s 'The Cards and Payments Industry in Australia: Emerging Trends and Opportunities to 2020' report provides a detailed analysis of market trends in the Australian cards and payments industry. It provides values and volumes for a number of key performance indicators, including direct debits, check payments, payment cards, cash transactions and credit transfers during the review period (2011–2015).
The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2016–2020). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.
The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in regulatory structure.
• This report provides a comprehensive analysis of the Australian cards and payments industry.
• It provides current values for the Australian cards and payments industry for 2015, and forecast figures to 2020.
• It details the different demographic, economic, infrastructural and business drivers affecting the Australian cards and payments industry.
• It outlines the current regulatory framework in the industry.
• It details marketing strategies used by various banks and other institutions.
How is the uptake of alternative payments among Australian consumers gaining traction? Which options are available? Who recently entered the Australian market in collaboration with American Express and Citibank? Which solution was launched by National Australia Bank (NAB)? What did ANZ Bank launch within a month of NAB’s initiative? Which global alternative payment solutions are available in the Australian market?
Which mobile network operator is capitalizing on the growing popularity of contactless payments? What is this operator adding to its mobile payments platform? What has the Commonwealth Bank of Australia (CBA) launched for Android smartphone users? What is the service based on? What is Australia’s most widely used electronic payments system? When did this system join the contactless payments movement?
What measures has the Reserve Bank of Australia (RBA) – the central bank – implemented to regulate excessive surcharges on credit and debit card payments? What benefits are anticipated to result from the new regulation? When will the new regulation become effective for both large and other merchants in Australia?
Reasons to Buy
• Make strategic business decisions, using top-level historic and forecast market data, related to the Australian cards and payments industry and each market within it.
• Understand the key market trends and growth opportunities in the Australian cards and payments industry.
• Assess the competitive dynamics in the Australian cards and payments industry.
• Gain insights into marketing strategies used for various card types in Australia.
• Gain insights into key regulations governing the Australian cards and payments industry.
Westpac Banking Corporation
National Australia Bank
American Express Australia
Table of Contents
1 DEFINITIONS AND METHODOLOGY
2 KEY FACTS AND HIGHLIGHTS
3 EXECUTIVE SUMMARY
4 PAYMENT INSTRUMENTS
4.1 Current Payment Environment
5 E-COMMERCE AND ALTERNATIVE PAYMENTS
5.1 E-Commerce Market Analysis
5.2 Alternative Payment Solutions
5.2.2 Apple Pay
5.2.3 Android Pay
5.2.4 Samsung Pay
5.2.5 Master Pass
5.2.6 Visa Checkout
5.2.8 ANZ Mobile Pay
5.2.9 NAB Pay
5.2.10 POLi Payments
5.2.12 Cash by Optus
6 REGULATIONS IN THE CARDS AND PAYMENTS INDUSTRY
6.1 Regulatory Framework
6.2 Anti-Money Laundering (AML)
6.3 Foreign Direct Investment (FDI) Regulations
7 ANALYSIS OF CARDS AND PAYMENTS INDUSTRY DRIVERS
8 MARKET SEGMENTATION AND NEW PRODUCT LAUNCHES
8.1 Market Segmentation and Targeting
8.1.1 Consumer cards
8.1.2 Commercial cards
8.2 New Product Launches
9 PAYMENT CARDS
9.1 Payment Cards Market Analysis
9.1.1 Volume and value of payment card transactions by type
10 DEBIT CARDS
10.1 Debit Cards Market Analysis
10.1.1 Turnover per debit card and transaction values by channel
10.1.2 Debit card scheme and issuer shares in terms of transaction value
10.1.3 Debit cards comparison
11 PAY LATER CARDS
11.1 Pay Later Cards Market Analysis
11.1.1 Turnover per pay later card and transaction values by channel
11.1.2 Pay later card scheme and issuer shares in terms of transaction value
11.1.3 Pay Later cards comparison
12 COMMERCIAL PAY LATER CARDS
12.1 Commercial Pay Later Cards Market Analysis
12.1.1 Commercial pay later cards comparison
13 CARD FRAUD STATISTICS
14 CARD ISSUERS
14.1 Commonwealth Bank of Australia
14.2 Westpac Banking Corporation
14.3 National Australia Bank
14.4 ANZ Bank
14.5 Citibank Australia
14.6 American Express
15 PREPAID CARDS
15.1 Prepaid Card Market Analysis
15.1.1 Prepaid cards comparison
16 MERCHANT ACQUIRING
17.2 Contact GlobalData
17.3 About GlobalData
17.4 GlobalData’s Services
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