- by Daniel Granderson
- May 16 2018
- credit cards
- finance
- money
- money and finance
- smartphones
Goldman Sachs Reaches for the Apple (Pay Credit Card)
Backed by the marketing muscle of Apple as the world’s largest company by market value, the reach of its ecosystem, and the loyalty of many of its customers, the card could make a splash at the deep end of the consumer payment pool, at top-of-digital-wallet and incent more iPhone users to migrate to Apple Pay.
- by Daniel Granderson
- January 15 2018
- commercial payment cards
- credit cards
- finance
- financial services
- money
- money and finance
- payment cards
ACH: Beat It or Join It?
In the U.S., electronic B2B payment value remains dominated by ACH: Packaged Facts in the report "Commercial Payment Cards: U.S. and Global Market Trends, 10th Edition" estimates that commercial cards comprised 3.7% of electronic B2B payment value in 2016.
- by Daniel Granderson
- December 4 2017
- affinity credit cards
- co-branded credit cards
- credit cards
- money
- money and finance
The Costco AnyWhere Visa: Off to the Races
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Industry watchers have debated the viability of the Costco Visa credit card program since Citi announced acquiring it, but the move could prove profitable sooner rather than later.
- by Daniel Granderson
- June 1 2017
- banking
- credit cards
- debit cards
- economy
- money and finance
Digital Payments Juice Credit Card Usage While Helping to Avoid Risk
While consumer credit card loans outstanding are on the rise, growth remains relatively subdued, especially in comparison to automobile and student loan growth rates, suggesting that consumers continue to approach card debt conservatively.
- by Daniel Granderson
- September 30 2016
- affinity credit cards
- banking
- co-branded credit cards
- credit cards
- debit cards
- Millennials
- money and finance
- private label credit cards
- unbanked
- underbanked
Prepaid cards make inroads with Millennials
Prepaid cards are an ideal vehicle to provide Millennials with a low-cost, mobile- and tech-forward payment instrument for everyday use—a strategy not lost on market participants seeking to broaden their user base.
- by dgranderson@marketresearch.com
- August 10 2016
- money
- finance
- credit cards
- mobile payments
- digital wallets
What’s in your (digital) wallet?
This blog is based on the report Mobile Payments in the U.S. View the abstract and table of contents here.
Aug. 10 - Take a peek at your wallet or purse and what do you see? A little cash? A driver’s license? Employee ID and insurance cards? Some lint? And, of course, a nice mix of payment cards?
For a card issuer, it all comes down to where their card stands in your wallet: is it your primary card, the one that sits at the top of your wallet-the one you grab the most when paying? For many i...
- by dgranderson@marketresearch.com
- March 1 2016
- credit cards
- commercial cards
- money
- financial services
China UnionPay’s commercial card growth strategy: First Asia, then the world!
This blog is based on the Packaged Facts report Commercial Payment Cards: U.S. and Global Market Trends, 9th Edition. Find out more by clicking here.
March 1 - Despite the recent slowdown in the Chinese economy and forecasts for tapering growth ahead, homegrown payment network China UnionPay (CUP) remains poised for robust growth both domestically and abroad. At a macro level, China’s two-speed economy emphasizes a shift away from investment and manufacturing and toward consumption and service...
- by dgranderson@marketresearch.com
- November 2 2015
- credit cards
- money and finance
- co-branded credit cards
- affinity credit cards
What’s next for co-branded and affinity credit cards?
For more insights from Co-branded and Affinity Credit Cards in the U.S. visit the report product page here.
With credit cards offering ever richer rewards tier architectures (is 3-2-1 already passé?), many wonder whether the card industry is trading rewards for lower profit margins. So far, we think this concern is overblown: rewards costs are indeed rising; but as they move toward lower-cost digital channels, card member acquisition and communication expenses are falling.
But acquisition m...
- by dgranderson@marketresearch.com
- October 13 2015
- money and finance
- private label credit cards
- retail
- credit cards
- money
The card fades into the background
This blog is based on the Packaged Facts report Private Label Credit Cards in the U.S., 9th Edition. Purchase a copy by Dec. 1 and receive 5% off with promo code PFPLCC1015.
The movement to virtual private label cards housed within retailer mobile apps foretells the eventual demise of the physical card:
Already, more than 30% of private label card issuer and program manager Alliance Data Systems’ private label card purchase value is made via card-not-present transactions. More broadly, retai...
- by dgranderson@marketresearch.com
- May 2 2014
- commercial payment cards
- money
- finance
- banking
- credit cards
- debit cards
For commercial payment cards, globalization is good business-but competition is increasing
Globalization is occurring at a rapid pace, requiring increased simplification and control over employer payments and expenses across multiple countries. Among payment providers (networks and card issuers alike), this has undoubtedly caused growing pains, as they struggle to craft solutions sophisticated and robust enough to meet global challenges of many stripes-regulatory and operational hurdles among them.
But in plain English, it also means payments expansion-following the arc of global gr...
