- 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 Belgium are deploying these
tools to meet customer needs.
- Explores the online payment market in Belgium 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.
Scope
- As a result of the limited growth forecast for the number of cards in use, providers
should aim to increase revenues by encouraging more consumers to obtain a credit
card.
- While e-commerce accounts for the vast majority of online purchases by value in
Belgium, m-commerce is set to record a significant compound annual growth rate of
33% between 2015 and 2020.
- The share of consumers who do not have a mobile wallet and have no interest in
getting one increased by almost 5 percentage points between 2014 and 2015,
implying consumer interest is the main barrier to mobile wallet adoption.
Reasons to buy
- Understand the key facts and figures in the consumer payments market in Belgium.
- Find out what products the major competitors are launching in the market and plan
your strategy accordingly.
- Discover consumer sentiments towards various payment tools in the Belgian
market and use this knowledge to inform product design.