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The Cards and Payments Industry in Belgium: Emerging Trends and Opportunities to 2020

Published By :

Timetric

Published Date : Dec 2016

Category :

Cards & Payments

No. of Pages : 47 Pages

Synopsis
Timetrics 'The Cards and Payments Industry in Belgium: Emerging Trends and Opportunities to 2020' report provides detailed analysis of market trends in the Belgian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash transactions, credit transfers, direct debits, check payments and payment cards during the review period (20112015).

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 (20162020). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together Timetrics 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 the regulatory structure.

Summary
Timetrics 'The Cards and Payments Industry in Belgium: Emerging Trends and Opportunities to 2020' report provides top-level market analysis, information and insights into the Belgian cards and payments industry, including:

Current and forecast values for each market in the Belgian cards and payments industry, including debit and credit cards.

Detailed insights into payment instruments including cash transactions, credit transfers, direct debits, check payments and payment cards. It also includes an overview of the country's key alternative payment instruments.

E-commerce market analysis.

Analysis of various market drivers and regulations governing the Belgian cards and payments industry.

Detailed analysis of strategies adopted by banks and other institutions to market debit and credit cards.

Comprehensive analysis of consumer attitudes and buying preferences for cards.

The competitive landscape in the Belgian cards and payments industry.

Scope
This report provides a comprehensive analysis of the Belgian cards and payments industry.

It provides current values for the Belgian cards and payments industry for 2015, and forecast figures to 2020.

It details the different demographic, economic, infrastructural and business drivers affecting the Belgian cards and payments industry.

It outlines the current regulatory framework in the industry.

It details marketing strategies used by various banks and other institutions.

Reasons To Buy
Make strategic business decisions, using top-level historic and forecast market data, related to the Belgian cards and payments industry and each market within it.

Understand the key market trends and growth opportunities in the Belgian cards and payments industry.

Assess the competitive dynamics in the Belgian cards and payments industry.

Gain insights into marketing strategies used for various card types in Belgium.

Gain insights into key regulations governing the Belgian cards and payments industry.

Key Highlights
The EU regulation on capping interchange fees for credit and debit cards at 0.3% and 0.2% respectively was implemented in Belgium in 2015. While merchants benefitted from lower transaction costs, banks saw their revenues on payment cards decrease, thus affecting their profitability. With a reduction in revenue, card issuers are likely to cut card offerings and benefits for consumers, and instead look at new ways to generate revenue.

The emergence of mobile-only banks is likely to accelerate a shift towards electronic payments in Belgium. For instance, BNP Paribas launched a mobile-only bank named Hello Bank! in Belgium in 2013, allowing consumers to conduct banking transactions entirely on their mobile phones. Similarly, the France-based telecom provider Orange also plans to introduce its mobile-only bank Orange Bank in Belgium in 2017.

To promote electronic payments, ING Belgium and KBC Bank collaborated to launch a unified payment platform for mobile payments (m-payments) in July 2016. This platform combines ING Belgiums payment application Payconiq loyalty platform Qustomer and KBC Banks CityLife loyalty platform. Around one million customers and 2,600 retailers in Belgium are part of Qustomer, while 3,000 retailers are part of Payconiq. The collaboration of applications will create a unified mobile payments and loyalty platform.
Table of Contents
1 Definitions and Methodology
1.1 Definitions
1.2 Methodology
2 Key Facts and Highlights
3 Executive Summary
4 Payment Instruments
5 E-Commerce and Alternative Payments
5.1 E-Commerce Market and Payment Methods
5.2 Alternative Payment Solutions
5.2.1 PayPal
5.2.2 Sixdots
5.2.3 Seqr
5.2.4 Sign2Pay
5.2.5 Unified payment platform
5.2.6 SafetyPay
5.2.7 Ping Ping
6 Regulations in the Cards and Payments Industry
6.1 Regulatory Framework
6.1.1 SEPA framework
6.2 Anti-Money Laundering (AML)
6.3 Foreign Direct Investment (FDI) Regulations
7 Analysis of Cards and Payments Industry Drivers
8 Payment Cards
9 Debit Cards
9.1 Debit Cards Market Analysis
9.2 Competition in Debit Cards Market
9.3 Debit Cards Comparison
10 Pay Later Cards
10.1 Pay Later Cards Market Analysis
10.2 Competition in Pay Later Cards Market
10.3 Pay Later Cards Comparison
11 Prepaid Cards
12 Appendix
12.1 Tables
12.2 Contact Timetric
12.3 About Timetric
12.4 Timetrics Services
12.5 Disclaimer

List of Tables
Table 1: Key Definitions
Table 2: Annual Average Exchange Rate
Table 3: Belgium Key Facts, 2015
Table 4: Regional Benchmarking of Belgiums Payment Cards, 2015
Table 5: Belgium Mode of Entry of Foreign Banks
Table 6: Belgium Debit Cards Comparison and Key Features, 2016
Table 7: Belgium Gold Credit Cards Comparison and Key Features, 2016
Table 8: Belgium Premium Credit Cards Comparison and Key Features, 2016
Table 9: Belgium Payment Instrument Transaction Values (EUR Billion), 20112015
Table 10: Belgium Payment Instrument Transaction Values (US$ Billion), 20112015
Table 11: Belgium Payment Instrument Transaction Volumes (Million), 20112015
Table 12: Belgium Number of Payment Cards in Circulation by Type (Million), 20112020
Table 13: Belgium Volume of Payment Card Transactions by Type (Million), 20112020
Table 14: Belgium Value of Payment Card Transactions by Type (EUR Billion), 20112020
Table 15: Belgium Value of Payment Card Transactions by Type (US$ Billion), 20112020
Table 16: Belgium Number of Debit Cards in Circulation (Million), 20112020
Table 17: Belgium Debit Card Transaction Volumes and Frequency by Channel, 20112020
Table 18: Belgium Debit Card Total and Average Transaction Values by Channel, 20112020
Table 19: Belgium Debit Card Total and Average Transaction Values by Channel, 20112020
Table 20: Belgium Number of Debit Cards in Circulation by Scheme (Million), 20112015
Table 21: Belgium Debit Card Transaction Values by Scheme (EUR Billion), 20112015
Table 22: Belgium Debit Card Transaction Values by Scheme (US$ Billion), 20112015
Table 23: Belgium Debit Card Transaction Values by Issuer (EUR Billion), 20112015
Table 24: Belgium Debit Card Transaction Values by Issuer (US$ Billion), 20112015
Table 25: Belgium Number of Pay Later Cards in Circulation (Million), 20112020
Table 26: Belgium Pay Later Card Transaction Volumes and Frequency by Channel, 20112020
Table 27: Belgium Pay Later Card Total and Average Transaction Values by Channel, 20112020
Table 28: Belgium Pay Later Card Total and Average Transaction Values by Channel, 20112020
Table 29: Belgium Number of Pay Later Cards in Circulation by Scheme (Thousand), 20112015
Table 30: Belgium Pay Later Card Transaction Values by Scheme (EUR Billion), 20112015
Table 31: Belgium Pay Later Card Transaction Values by Scheme (US$ Billion), 20112015
Table 32: Belgium Pay Later Card Transaction Values by Issuer (EUR Billion), 20112015
Table 33: Belgium Pay Later Card Transaction Values by Issuer (US$ Billion), 20112015
Table 34: Belgium Personal and Commercial Pay Later Card Transaction Volumes (Million), 20112020
Table 35: Belgium Personal and Commercial Pay Later Card Transaction Values (EUR Billion), 20112020
Table 36: Belgium Personal and Commercial Pay Later Card Transaction Values (US$ Billion), 20112020
Table 37: Belgium Number of Commercial Pay Later Cards in Circulation (Thousand), 20112020
Table 38: Belgium Commercial Pay Later Card Transaction Volumes (Million), 20112020
Table 39: Belgium Commercial Pay Later Card Transaction Values (EUR Billion), 20112020
Table 40: Belgium Commercial Pay Later Card Transaction Values (US$ Billion), 20112020
Table 41: Belgium Number of Prepaid Cards in Circulation (Million), 20112020
Table 42: Belgium Prepaid Card Transaction Values (EUR Million), 20112020
Table 43: Belgium Prepaid Card Transaction Values (US$ Million), 20112020

List of Figures
Figure 1: Belgium Payment Instrument Shares by Transaction Value (%), 2011 vs. 2015
Figure 2: Belgium Payment Instrument Shares by Transaction Volume (%), 2011 vs. 2015
Figure 3: Belgium E-Commerce Value, 20112020
Figure 4: Belgium E-Commerce Payment Methods, 2015
Figure 5: Belgium Population
Figure 6: Belgium Economic Indicators
Figure 7: Belgium ATMs and POS Terminals
Figure 8: Belgium Household Consumption
Figure 9: Belgium Growth in Payment Card Transaction Values by Type, 20112020
Figure 10: Belgium Number of Cards in Circulation by Type, 20112020
Figure 11: Belgium Debit Card Penetration, 2015
Figure 12: Belgium Turnover Per Debit Card, 2015
Figure 13: Belgium Debit Card Scheme Share in Terms of Transaction Value, 2015
Figure 14: Belgium Debit Card Issuer Share in Terms of Transaction Value, 2015
Figure 15: Belgium Pay Later Card Penetration, 2015
Figure 16: Belgium Turnover Per Pay Later Card, 2015
Figure 17: Belgium Pay Later Card Scheme Share in Terms of Transaction Value, 2015
Figure 18: Belgium Pay Later Card Issuer Share in Terms of Transaction Value, 2015
Figure 19: Belgium Number of Prepaid Cards In Circulation, 20112020
Figure 20: Belgium Prepaid Cards Transaction Value, 20112020

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