The Cards and Payments Industry in the Netherlands: Emerging Trends and Opportunities to 2020

Timetric's 'The Cards and Payments Industry in the Netherlands: Emerging Trends and Opportunities to 2020' report provides top-level market analysis, information and insights into the Netherlands cards and payments industry, including:

* Current and forecast values for each market in the Dutch cards and payments industry, including debit, credit and charge cards. It also includes detailed analysis of the prepaid card market.
* Detailed insights into payment instruments including cash transactions, payment cards, credit transfers and direct debits. It also includes an overview of the country's key alternative payment instruments.
* E-commerce market analysis and online payment types.
* Analysis of various market drivers and regulations governing the Dutch cards and payments industry.
* Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
* Comprehensive analysis of consumer attitudes and buying preferences for cards.
* The competitive landscape of the Dutch cards and payments industry.

Full Report Details at
- http://www.fastmr.com/prod/1159094_the_cards_payments_industry.aspx?afid=301

Report Highlights

* Contactless technology is gradually gaining traction in the Netherlands. There were 15 million contactless cards in the country in 2015 - equivalent to 45.5% of the overall payments cards. According to the Dutch Payments Association, the number of contactless POS terminals in the country reached 56,000 - equivalent to 17.2% of overall POS terminals - by the end of 2014. Banks are increasingly embracing contactless technology to provide convenience to customers. For example, ABN Amro replaced all its payment cards with contactless variants in December 2015, enabling consumers to make payments of up to US$27.8 (EUR25) without entering a PIN. Similarly, ING Bank and Rabobank are replacing their old cards with contactless-enabled equivalents.
* Larger banks have introduced contactless mobile payment (m-payment) solutions. The latest initiative is the launch of a contactless m-payment service by Rabobank, in partnership with mobile service provider KPN in January 2016. In December 2015, ING Bank launched a mobile banking app based on host card emulation (HCE) technology to facilitate contactless m-payments. In 2014, Vodafone, in association with Visa, launched a contactless m-payment service, Visa SmartPass, which allows consumers to pay by mobile phone at contactless POS terminals with a V Pay logo. Consumers can pay up to US$27.8 (EUR25) by waving mobile phones at contactless-enabled terminals.

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