Consumer Payments - Market Research, Industry Trends, Market Share, Consumer Insights


Published: 05/04/2017
Pages: 172
Full Study Price: US$ 4,995

The market for consumer payments is changing as consumer payment preferences transform at breakneck speed. This report covers market trends such as e-commerce m-commerce, where are redesigning the consumer payments industry. Packaged Facts addresses these shifts more in this report, providing a comprehensive analysis of the consumer payments market.
U.S. Consumer Payments Outlook Through 2020 provides you with essential data on trending consumer usage, behavior, attitude within the consumer payments market through to 2020. The report emphasizes 2007-2016 survey trending of consumer payment usage behavior, segmented by payment instrument method: credit card, debit card, prepaid card, cash, check, online mobile payments, P2P money transfers, with demographic analysis.
This report provides a complete analysis of the U.S. market includes the most essential market trends, such as: consumer credit card usage, debit card usage, prepaid card usage, cash usage analysis, online mobile payment preferences, many more.

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Table Of Contents

  • Executive Summary
    • Report scope
    • Report summary
      • U.S. payments value & volume: market size and forecast
      • U.S. consumer payments value & volume: market size and forecast
      • Consumer payment card market size
      • Key trends and observations
    • Consumer Credit Card Payments
      • Consumer general-purpose credit card payment market size
      • Credit card usage forecast
      • A credit-based payment tool lagging only cash and debit in usage
      • Balances outstanding and number of cards trend downward
      • Subprime borrowers no longer a factor
      • Usage trends
      • Demographic trends
      • Usage trends over time
      • Usage frequency trends over time
      • Number of cards in wallet: trends over time
    • Consumer Debit and Prepaid Card Payments
      • Debit card usage forecast
      • Debit card usage trends
      • Demographic trends
      • Usage trends over time
      • 2010-2016 usage trends by demographic
      • Cash and purchase usage and usage frequency trends
      • Prepaid card usage trends
    • ACH Payments
      • ACH payments market size
      • ACH consumer payment market size
      • Online banking bill payment usage growth trends
      • Consumer bank account number payment usage growth trends
    • Check Payments
      • Check payments market size
      • Consumer check payments
    • Cash Payments
      • U.S. consumer cash payment value & volume: market size & forecast
      • Carrying cash
      • Cash withdrawal amounts
      • In important ways, cash remains king
      • Cash takes a hit but remains resilient
      • Small value payments
      • Cash less likely to be preferred payment instrument
      • Degree of using cash to pay for goods and services
      • Reasons for choosing cash over payment cards
      • Cash preferences: paying for purchases and bills
      • Influence of cash preference on payment cards, by type
      • Influence of cash preference on banking relationship and creditworthiness
    • Online and Mobile Payments
      • Remote payment growth rate twice the in-person payment rate
      • Online purchasing usage penetration growth slowing down
      • Online and mobile purchase frequency trends
      • Credit cards the online payment method of choice; PayPal firmly established
      • Phone/mail payment usage methods see check declines
      • Bill payment methods used: trends over time
      • Form of payment used to pay bills: trends over time
      • Mobile wallet funding method
      • Mobile wallet payment entry method
    • P2P and money transfer
      • P2P and money transfer usage methods: trends over time
      • Bank-driven P2P and Instant P2P payment: usage and interest
  • Market Size and Forecast
    • U.S. payments value & volume: market size and forecast
      • Payments value and volume: 2012-2020
        • Table U.S. Payments Value, 2012-2020
        • Table U.S. Payments Value: CAGR and Total Growth Rate, 2012-2015 and 2015-2010
        • Table U.S. Payments Volume, 2012-2020
        • Table U.S. Payments Volume: CAGR and Total Growth Rate, 2012-2015 and 2015-2010
    • U.S. consumer payments value & volume: market size and forecast
      • Consumer payments value and volume: 2012-2020
        • Table Consumer Payments Value, by Payment Instrument, 2012-2016
        • Table Consumer Payments Value, by Payment Instrument, 2016-2020
        • Table Consumer Payments Volume, by Payment Instrument, 2012-2016
        • Table Consumer Payments Volume, by Payment Instrument, 2016-2020
    • Consumer payment card market size
      • Consumer general-purpose card payment value: 2012-2016
      • Consumer payment value by card type
        • Table Consumer General-Purpose Card Payment Value: Credit vs. Debit/Prepaid, 2012-2016
      • Consumer payment value by card association
        • Table Consumer General-Purpose Card Payment Value, by Payment Network Brand, 2012-2016
    • Key trends and observations
      • eCommerce & Mobile
        • Table U.S. Retail Sales: Total and eCommerce, 2007-2016
        • Table U.S. Retail Sales Forecast: Total and eCommerce, 2016-20
      • Traditional accounts remain bedrock
        • Table Checking and Savings Account Ownership, 2007-2016
      • Traditional and emerging accounts and payment instruments blurring
        • Table Traditional and Emerging Accounts and Payment Instruments: Usage by Type and Demographic, 2016
      • Large-value payments
  • Consumer Credit Card Payments
    • Consumer general-purpose credit card payment market size
      • Table Consumer General-Purpose Credit Card Payment Value, by Payment Network Brand, 2012-2016
      • Visa takes share; American Express lags
        • Table Consumer General-Purpose Credit Card Payment Value, by Payment Network Brand, 2012-2016
    • Credit card usage forecast
      • Table Active General-Purpose Credit Card Usage: Percentage Use and Population, 2007-2016
      • Table Active General-Purpose Credit Card Usage: Percentage Use and Population, 2016-2020
    • Credit card trends
      • A credit-based payment tool lagging only cash and debit in usage
        • Table Consumer Credit Card Payments: Monthly Payment Volume, by Payment Type, 2012-2014
      • Balances outstanding and number of cards trend downward
        • Table Credit Cards: Cards Outstanding, Users, and Balances, 2008 vs. 2016
        • Table American Express Credit Card Users: Portion of Monthly American Express Bill Paid, 2007-2016
        • Table Discover Credit Card Users: Portion of Monthly Discover Bill Paid, 2007-2016
        • Table MasterCard Credit Card Users: Portion of Monthly MasterCard Bill Paid, 2007-2016
        • Table Visa Credit Card Users: Portion of Monthly Visa Bill Paid, 2007-2016
      • Subprime borrowers no longer a factor
        • Table Credit Card Usage, by Credit Score, 2007-2015
        • Table Net Credit Limit Extensions and Reductions, by Credit Score, 2007-2015
    • Usage trends
      • Table Credit Card Usage Penetration, 2008-2014
      • Table Credit Card Usage, by Type, 2007-2016
      • Demographic trends
        • Table Credit Card Usage Penetration, by Age, 2009 vs. 2013
        • Table Credit Card Percent Usage Volume: Share of Consumer Payments, by Age, 2009 vs. 2013
        • Table Credit Card Usage Penetration, by HH Income, 2009 vs. 2013
        • Table Credit Card Percent Usage Volume: Share of Consumer Payments, by HH Income, 2009 vs. 2013
      • 2007-2016 trends
        • Table Credit Card Usage, by Type and Brand, 2007-2016
        • Table Credit Card Usage in Last 30 Days, by Type and Brand, 2007-2016
      • 2010-2016 demographic trends
        • Table General-Purpose Card Usage in Last 30 Days, by Demographic, 2010 vs. 2016
    • Usage frequency trends
      • Table Credit Card Monthly Use and Monthly Usage Frequency Share, 2007-2016
      • Table General-Purpose Credit Card Monthly Use and Monthly Usage Frequency Share, 2007-2016
      • Table Department Store Credit Card Use and Monthly Usage Frequency Share, 2007-2016
      • Demographic trends
        • Table General-Purpose Credit Card Use and Monthly Usage Frequency, by Age, 2010 vs. 2016
        • Table General-Purpose Credit Card Use and Monthly Usage Frequency, by HH Income, 2010 vs. 2016
    • Number of cards in wallet: trends over time
      • Table Percent of Adults Having General-Purpose Credit Cards and Share by Number of Cards, by Brand, 2007-2016
      • Table MasterCard and Visa Credit Card Usage Share, by Demographic, 2010 vs. 2016
      • Table American Express and Discover Credit Card Usage Share, by Demographic, 2010 vs. 2016
  • Consumer Debit and Prepaid Card Payments
    • Consumer general-purpose debit & prepaid card payment market size
      • Table Consumer General-Purpose Debit & Prepaid Card Payment Value, by Payment Network Brand, 2012-2016
      • Visa dominates
        • Table Consumer General-Purpose Debit & Prepaid Card Payment Value, by Payment Network Brand, 2012-2016
    • Debit card usage forecast
      • Table Active General-Purpose Debit Card Usage: Percentage Use and Population, 2007-2016
      • Table Active General-Purpose Debit Card Usage: Percentage Use and Population, 2016-2020
    • Debit card trends
      • A core payment tool for bills and non-bills
        • Table Consumer Debit Card Payments: Monthly Payment Volume, by Payment Type, 2012-2014
    • Usage trends
      • Table Debit Card Usage Penetration, 2008-2014
      • Table Debit Card Usage, by Type, 2007-2016
      • Demographic trends
        • Table Debit Card Usage Penetration, by Age, 2009 vs. 2013
        • Table Debit Card Percent Usage Volume: Share of Consumer Payments, by Age, 2009 vs. 2013
        • Table Debit Card Usage Penetration, by HH Income, 2009 vs. 2013
        • Table Debit Card Percent Usage Volume: Share of Consumer Payments, by HH Income, 2009 vs. 2013
      • 2007-2016 trends
        • Table Debit Card Usage, by Type and Brand, 2007-2016
        • Table Debit Card Usage in Last 30 Days, by Type and Brand, 2007-2016
      • 2010-2016 demographic trends
        • Table Used Debit Card in Past 30 Days: ATM-Only and General-Purpose Debit Card Usage Share, by Demographic, 2010 vs. 2016
      • Cash and purchase usage and usage frequency trends
        • Table MasterCard & Visa Debit Card Usage Frequency in Last 30 Days: Total Transactions, 2010-2016
        • Table MasterCard & Visa Debit Card Usage Frequency in Last 30 Days: Purchase Transactions, 2010-2016
        • Table MasterCard & Visa Debit Card Usage Frequency in Last 30 Days: Cash Transactions, 2010-2016
        • Table ATM-Only Debit Card Usage & Usage Frequency in Last 30 Days, 2010-2016
    • Prepaid card usage trends
      • 2010-2016 trends
        • Table Prepaid Card Usage, by Type and Brand, 2010-2016
        • Table Prepaid Card Usage, by Brand, 2010-2016
      • 2010-2016 demographic trends
        • Table Prepaid Card Use by Brand and Demographic, 2010 vs. 2016
        • Table Prepaid Card Use by Brand and Demographic, 2010 vs. 2016
  • ACH Payments
    • ACH payments market size
      • Payments value: 2012-2020
        • Table U.S. ACH Payments Value and Volume, 2012-2020
      • Credit vs. debit transfers
      • Network operator vs. on-us transactions
        • Table ACH Payment Value and Volume: Network, On-Us, Credit and Debit, 2012 vs. 2015
    • ACH consumer payment market size
      • Network ACH payments value and volume: 2012-2020
        • Table ACH Payments: Value and Volume, 2009-2016
      • Consumer ACH payments value and volume: 2012-2020
        • Table ACH Consumer Payments: Value and Volume, 2009-2016
      • Market size: Consumer ACH direct deposit payments
        • Table ACH Direct Deposit, Value and Volume, 2009-2016
      • Market size: Consumer ACH online banking bill payments
        • Table ACH Online Banking Bill Payment, Value and Volume, 2009-2016
      • Market size: Consumer ACH payments initiated online vs. telephone
        • Table ACH Telephone and Web Payment, Value and Volume, 2009-2016
    • Online banking bill payment usage growth trends
      • Table Consumer Online Banking Bill Payments: Monthly Payment Volume, by Payment Type, 2012-2014
    • Consumer bank account number payment usage growth trends
      • Table Consumer Bank Account Number Payments: Monthly Payment Volume, by Payment Type, 2012-2014
  • Check Payments
    • Check payments market size
      • Table Check Value and Volume: Checks Written, Converted to ACH and Payments, 2012 vs. 2015
      • Consumer check payments: Still broadly used but with low-and lesser-frequency
        • Table Consumer Check Payments: Monthly Payment Volume, by Payment Type, 2012-2014
    • check payments
      • Federal Reserve data sets the stage
      • Trended consumer survey analysis suggests steady, consistent decline
        • Table Percent of Bill Payers Who Use Checks: Always, Sometimes and Never, 2010-2016
      • Demographic analysis
        • Table Bill Payers Who Always Use Checks: Indexed Usage, by Demographic, 2016
  • Cash Payments
    • U.S. consumer cash payment value & volume: market size & forecast
      • Table U.S. Consumer Cash Payments Value and Volume, 2012-2020
    • Carrying and withdrawing cash
      • Cash in circulation: big bill boom
        • Table Currency in Circulation: Value and Value Share, by Denomination, 2007-2016
      • Carrying cash
      • Cash withdrawal amounts higher than credit card and debit card payment value
        • Table Number and Value of ATM Withdrawals at Depository Institutions, by Withdrawal Type, 2003-2015
    • In important ways, cash remains king
      • Table Consumer Cash Payments: Monthly Payment Volume, by Payment Type, 2012-2014
      • Cash takes a hit but remains resilient
      • Breadth of merchant use
      • Small value payments
    • The cash user
      • Cash less likely to be preferred payment instrument
      • Who loves cash?
      • Degree of using cash to pay for goods and services
        • Table Degree of Using Cash to Pay for Goods and Services, 2016
        • Table Degree of Using Cash to Pay for Goods and Services, by Demographic, 2016
      • Reasons for choosing cash over payment cards
        • Table Reasons for Choosing Cash over Payment Cards, 2016
        • Table Reasons for Choosing Cash over Payment Cards, by Demographic, 2016
        • Table Reasons for Choosing Cash over Payment Cards, by Frequency of Cash Use, 2016
      • Cash preferences: paying for purchases and bills
        • Table Degree of Preference for Paying with Cash, by Demographic, 2010 vs. 2016
        • Table Degree of Preference for Using Cash to Pay Bills, by Demographic, 2016
      • Influence of cash preference on payment cards, by type
        • Table Relationship of Cash Preferences to Credit Card Usage, 2016
        • Table Relationship of Cash Preferences to Debit Card Purchase and Cash Usage, 2016
        • Table Relationship of Cash Preferences to Reloadable and Non-Reloadable Prepaid Card Usage, 2016
      • Influence of cash preference on banking relationship and creditworthiness
        • Table Relationship of Cash Preferences to Banking Relationship and Types of Loans Used, 2016
        • Table Relationship of Cash Preferences to Credit Score, 2016
  • Online and Mobile Payments
    • Remote payment growth rate twice the in-person payment rate
      • Table General-Purpose Card Payments Volume and Value: In-Person vs. Remote, 2012-2015
    • Payment method usage trends
      • Online purchasing usage penetration growth slowing down
        • Table Payment Methods: Online vs. Phone or Mail, 2014-2016
      • Online and mobile purchase frequency trends
        • Table Purchases Made Last 30 Days: Online Purchase Frequency and Mobile Purchases, 2010-2016
      • Credit cards the online payment method of choice; PayPal firmly established
        • Table Online Payment Methods Used, by Type, 2014-2016
      • Phone/mail payment usage methods see check declines
        • Table Phone/Mail Payment Methods Used, by Type, 2014-2016
    • Bill payment trends
      • Bill payment methods used: trends over time
        • Table Bill Payment Methods Used, 2010-2016
      • Form of payment used to pay bills: trends over time
        • Table Bill Payments: Form of Payment Always Used, 2010-2016
        • Table Bill Payments: Form of Payment Sometimes Used, 2010-2016
        • Table Bill Payments: Form of Payment Never Used, 2010-2016
    • Mobile wallets
      • Mobile wallet funding method
      • PayPal: funding method disruptor
      • Mobile wallets also potential funding method disruptors
        • Table Mobile Wallet Funding Method and Preferred Funding Method, 2016
      • Mobile wallet payment entry method
        • Table Mobile Phone Purchasing: Payment Entry Method and Preferred Method, 2016
  • P2P and money transfer
    • P2P and money transfer usage methods: trends over time
      • Table Sending/Receiving Money: Methods Used, 2010-2016
      • Bank-driven P2P usage and interest
        • Table Bank Account with P2P Functionality: Usage and Interest, by Demographic, 2016
      • Instant P2P payment usage and interest
        • Table Instant Electronic P2P Usage and Interest, by Demographic, 2016
  • Appendix
    • Consumer survey methodology
    • Market size and forecast methodology
      • Consumer payments market size and forecast
    • Population estimates
    • Table indexes
    • Key sources
    • Terms and definitions
      • Table Report Abbreviations
      • Table Market-Based PCE, 2007-2016
    • Tables
      • Table Consumer Payment Instruments: Monthly Usage Penetration, 2010-2014
      • Table Consumer Payments Made in Typical Month, by Payment Instrument, 2010-2014