Market Research Report Belgium Consumer Payments Market Trends Report

Belgium Consumer Payments Market Trends
and Forecast Report 2017
Market Research Hub (MRH) has recently announced the addition of a fresh report,
titled “Consumer Payments Country Snapshot: Belgium 2016” to its report
offerings. This report examines the consumer payments market in Belgium,
considering payment cards, online payments, P2P payments, and newer payment
technologies such as mobile wallets and contactless. It also examines the regulations
in force in the market that players must comply with, and how these have changed
in recent years.
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The Belgian payments market is highly developed, with consumers very comfortable
using debit cards. Belgian consumers are very comfortable with established payment
instruments, with domestic payment method Bancontact the most commonly used
card scheme in the country. However, online commerce and mobile proximity
payments will gain traction among Belgian consumers provided use cases and
advantages over traditional payment tools are highlighted during the early stages of
adoption.
This report examines the consumer payments market in Belgium, considering
payment cards, online payments, P2P payments, and newer payment technologies
such as mobile wallets and contactless. It also examines the regulations in force in
the market that players must comply with, and how these have changed in recent
years.
- Analyzes the major payment card types in terms of both card holding and usage.