It takes money to make money, at least in the payment cards and service industry. It also takes Freedonia research. Payment cards are a major business that has become even more important in the wake of the pandemic, when fears of transmission and national coin shortages led to restrictions on use of cash as currency. However, rising competition from electronic forms of payment poses as a threat to the industry.
Our analysts work closely with leaders in financial services industry to provide accurate market assessments into consumer financial trends, assessing these risks and more.
Globally, commercial card products are a trillion-dollar payments industry. In the US, card issuers and their networks continue to target the $25 trillion in payments companies make each year.
The largest categories of commercial cards are purchase cards (also known as P-cards, procurement cards, or payment cards) and corporate cards, which are used for travel and entertainment expenses. Other types of commercial cards include one cards, fleet cards, prepaid cards, declining balance cards, virtual cards, and ghost cards.
This report forecasts to 2025 the US market for prepaid cards in nominal US dollars.
This report presents a deeply detailed analysis of the opportunities and challenges confronting the companies participating in the prepaid card segment, whether they be card managers, marketers or issuers.
This report provides US co-branded credit card purchase trends in nominal US dollars.
The report covers the US market for co-branded credit cards, with an emphasis on recent changes in co-branded credit card programs.
This report forecasts from 2024 to 2028 the US Buy Now, Pay Later (BNPL) market in nominal US dollars. The total market is also provided for 2023.
The adaptability and resilience of the Buy Now, Pay Later (BNPL) industry has confounded naysayers on Wall Street, in traditional banks and finance companies, and within the credit card segment.
This report forecasts US private label credit card (PLCC) receivables and purchase volume for 2024-2027 in US dollars.
This report covers the US market for private label credit cards (PLCCs), with an emphasis on card issuers, merchants, consumers and the competitive and economic challenges shaping the industry
This report forecasts for 2024-2027 total US commercial card volumes in nominal US dollars.
The report provides a detailed analysis of commercial payment card trends in the US and sizes the method of payment’s global market.