RnRMR: US Cards and Payments Industry - Emerging Opportunities

2013-11-14 6

Complete report is available @ http://www.rnrmarketresearch.com/the-us-cards-and-payments-industry-emerging-opportunities-trends-size-drivers-strategies-products-and-competitive-landscape-market-report.html .
The US card payments channel registered marginal growth during the review period (2008–2012). The nation’s positive economic outlook, need for more sophisticated prepaid and charge card products, popularity of online and mobile shopping, and an increase in per capita income supported the growth. During the review period, the channel’s market size increased at a CAGR of 1.79% in volume terms to reach 1.5 billion cards in circulation in 2012.