"The Cards and Payments Industry in Mexico: Emerging Trends and Opportunities to 2019" Published

Timetric's 'The Cards and Payments Industry in Mexico: Emerging Trends and Opportunities to 2019' report provides top-level market analysis, information and insights into Mexico's cards and payments industry, including:

* Current and forecast values for each market in Mexico's cards and payments industry, including debit cards, credit and charge cards. It also includes detailed analysis of the prepaid card market.
* Detailed insights into payment instruments including check payments, credit transfers, direct debits, payment cards and cash transactions. It also, includes an overview of the country's key alternative payment instruments.
* Analysis of various market drivers and regulations governing Mexico's 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 Mexico's cards and payments industry.

Full Report Details at
- http://www.fastmr.com/prod/1053151_the_cards_payments_industry.aspx?afid=301

Report Highlights

* Banks are actively rolling out mobile point of sale POS (mPOS) solutions in the Mexican cards and payments industry. In July 2013, Banamex launched an EMV compliant mPOS called S-Pay, developed by Stratus Technologies. Banamex is offering iAcepta, low-cost mPOS terminals to retailers for US$33.6 (MXN500). As of February 2015, the bank had sold 8,000 units.
* In November 2014, the Mexican tax authority Sistema de Administracion Tributaria (SAT/Tax Administration System) and the National Chambers of Commerce, Services and Tourism (Confederacion de Camaras Nacionales de Comercio, Servicios y Turismo) launched a scheme called 'Tableta Concanaco' to provide micro-enterprises and SMEs with mPOS terminals at subsidized rates. As of February 2015, 20,000 mPOS terminals were issued under the scheme. With the increased number of POS terminal installations at retail outlets, the potential of card-based payments in the country is anticipated to grow over the forecast period (2015-2019).
* To further enhance financial inclusion in Mexico, the government development bank Bansefi chose MasterCard as its business partner in September 2014. Under the agreement, social benefits are disbursed using the BANSEFI MAS debit card. Cardholders are offered loans, savings and accident insurance and funeral assistance coverage. This initiative is anticipated to drive debit card penetration rates.

Report Scope

* This report provides a comprehensive analysis of Mexico's cards and payments industry.
* It provides current values for Mexico's cards and payments industry for 2014, and forecast figures to 2019.
* It details the different economic, infrastructural and business drivers affecting Mexico's cards and payments industry.
* It outlines the current regulatory framework in the industry.

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