Consumer Payments Country Snapshot: France - New Market Report

From: Fast Market Research, Inc.
Published: Tue Apr 19 2016

As one of the largest consumer markets in Europe, France's highly developed payments system plays a key role in the economy. The macroeconomic woes facing the country have been instrumental in France's payments market witnessing minimal expansion in recent years. While growth in the market is expected to remain sluggish in the near to medium term, the emergence of new payment technologies and online retail channels (specifically in the form of contactless, NFC, and m-commerce) display considerable potential to spur renewed activity in the space. It will serve the industry well to ramp up its efforts to nurture high-potential payment technology companies.

Key Findings

* Issuers are getting contactless cards into the hands of consumers, but many are either unconvinced of the technology's benefits or concerned about security. Payment providers will need to invest in educating consumers on the benefits of contactless technology and strengthening the technology's value proposition.
* E-commerce continues to account for the vast majority of online purchases in France. However, m-commerce is gaining ground, with its share of online purchases quickly growing from 1% in 2010 to 12% in 2014. Payment providers should look to invest in mobile to ensure their long-term relevance.
* France's POS terminal infrastructure has witnessed minimal expansion in recent years. Given the market's sizable smartphone penetration levels mPOS offers a major opportunity to boost card acceptance levels among merchants - especially the 730,000 SMEs in France that have smartphones but do not accept card payments (according to Visa Europe).

Full Report Details at

"Consumer Payments Country Snapshot: France" is a comprehensive review of the consumer payments space in France. It provides payment card statistics on market size and forecasts, as well as analysis of regulation, acquiring, and payment innovation in France.

Reasons to Get this Report

* Futureproof your strategy with market sizing, forecasts, and analysis of key developments currently affecting the payments market in France.
* Target consumers with inside knowledge of their true behaviors and attitudes with detailed analysis from our proprietary insight.
* Learn about the threat new payment technologies pose to the payment card space, and how these developments will influence market dynamics.

Companies Mentioned in this Report: Cartes Bancaires, Banque Accord, Cofidis, Carte Aurore, La Banque Postale, Credit Agricole, Le Credit Lyonnais, Credit Mutuel - CIC, Caisses d'Epargne, BNP Paribas, PayPal, American Express, Diners Club, Visa, MasterCard

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Consumer Payments Country Snapshot: Netherlands
- Consumer Payments Country Snapshot: Belgium
- Electronic Sensors Market For Consumer Industry - Global Forecast to 2022
- Testing, Inspection and Certification (TIC) Market - Forecast to 2020
- CNG & LPG Vehicle Market - Industry Trends & Forecasts to 2020

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »