Lafferty
 
 
 
 
~

LATEST

  • South Africa: Since 2011, credit card spending by South African households has experienced a double-digit growth rate each year.
  • Oman: There are significant opportunities for generating revenues from interchange fees on debit cards, as customers continue to migrate from cash usage to card usage at the POS.
  • Argentina: Consumer credit outstandings in Argentina grew by 485 percent between 2010 and 2016, reaching $37 billion. Total consumer credit outstandings reached about 7.2 percent of GDP by the end of 2016, representing an extraordinary growth opportunity for financial institutions.
  • China: In 2016, almost $12 trillion was billed on the 6.1 billion cards in issue, up from $2.8 trillion in 2010. Visa or Mastercard are yet to enter the market and will face a difficult task trying to wrestle market share from UnionPay when they do.
  • Singapore: The credit cards industry has experienced healthy growth over recent years in both card issuance and billed volume.
  • Algeria: There are no credit cards in Algeria, but such is the strong demand for consumer credit that a market for credit cards is likely.
  • Turkey: The credit cards market has developed at a healthy pace both in terms of card numbers and cards use. Total credit card billed volume was equivalent to 28 percent of the country's GDP in 2016.

AT A GLANCE

 
 
 
 

Recent market updates:
South Africa
Oman
Argentina
China

Access to our full range of research and management reports is available on www.laffertyreports.com. Click on the link to visit now.

Access to the Lafferty News Service is available on www.laffertynews.com. Click on the link to visit now.

All the latest information and press releases relating to Lafferty Research Databases. Users can also subscribe to the RSS feed.

ABOUT US

Established in 1981 by the company founder and executive chairman, Michael Lafferty, Lafferty Group has continued to be the leading global specialist provider of industry research and thought leadership for the retail banking and consumer financial services industry for over three decades.

With particular specialisations in the fields of retail banking, cards and payments and mobile financial services, the group's comprehensive services include Senior Management Councils, Benchmarking Research, Thought Leadership Reports, Conferences, Management Roundtables and Webinars as well as Intelligence and Advisory Services.

Councils
Councils are global membership bodies where senior executives meet on a regular basis in confidential sessions to share best practices and brainstorm the future. Members work together to enhance knowledge and identify best practices for mutual benefit.

Global Management Roundtables and International Conferences
Lafferty Conferences take place in every corner of the globe and feature world-class speakers from every aspect of retail banking and cards and payments. The conferences provide a stimulating and interactive forum with exceptional levels of delegate participation. Global Management Roundtables offer our invited guests and discussion leaders a rare inclusive opportunity to share their expertise and informed opinions.

Lafferty Global Research Databases
Lafferty Global Research databases are an online resource providing critical market and competitor intelligence on payment cards, e-money, acquiring/processing, retail banking and consumer lending. Covering over 70 countries, Lafferty Global Research databases provide clients with the information they need to make informed decisions in those markets where they already have a presence, as well as enabling them to make an accurate assessment prior to entering (or leaving) a market.

Lafferty Publishing
Lafferty Group report on exciting new industry developments, especially in the areas of retail banking, cards and payments, innovation in banking, e-money and e-commerce. With the knowledge we provide, our readers can be proactive instead of reactive.

Lafferty News Service
The Lafferty News Service provides the weekly Retail Banking Intelligence and the weekly Cards, Payments & Mobile Intelligence newsletters as well as the monthly Merchant Services Intelligence and Digital Banking Intelligence.

Retail Banking Academy
With the launch of the Retail Banking Academy in 2012, Lafferty Group made a major commitment to professional education for the banking industry. The Academy operates worldwide and is the only educational and professional body in the world dedicated exclusively to offering postgraduate professional education in the retail banking and cards and payments fields.

LAFFERTY NEWS