Western Europe, small but mighty, continues to handle nine percent of global credit card transactions (based on Lafferty's universe of 72 markets), and margins, though squeezed, remain generally positive. However, the Western European acquiring market is changing. New players are emerging from mergers and acquisitions that are producing Europe-wide integration business models, triggering fierce competition. Domestically focused acquirers continue to hold a significant share, but we will probably see many join forces to benefit from economies of scale -- or narrow their focus to more traditional forms of banking.
Covering 16 countries -- Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and United Kingdom -- Lafferty Research's Merchant Acquiring: Western Europe report will help you to review your current strategies in a rapidly evolving market, benchmark your activities against your peers -- nationally, regionally and internationally -- and enable you to prepare for the future with confidence.
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