Overview

Charge it: Industry revenue is set to increase as the scale of electronic payments grows

The Credit Card Processing & Money Transferring market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • The industry has grappled with stringent regulation put in place to bolster security for consumers and merchants
  • Despite gains in consumer confidence and spending, the industry has still not reached prerecessionary levels
  • Security issues and data breaches are expected to continue challenging industry growth

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    Industry Analysis & Industry Trends

    Over the five years to 2017, the Credit Card Processing and Money Transferring industry is expected to experience strong revenue growth as processors continue to reap the benefits of large-scale implementation of electronic payment technology and growing e-commerce. The ratio of electronic payments to cash and check payments has increased over the past five years, driving up transaction volume for processors in the industry. Over the five years to 2022, consumer confidence is expected to continue rising, thus expanding the amount consumers spend and increasing transaction volumes. Industry operators are expected to expand their online presence as they shift merchants of all sizes to accept electronic methods of payment as they become standard among consumers.


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    Industry Report - Industry Key Buyers Chapter

    The Credit Card Processing and Money Transferring industry has a medium level of concentration, with the top four industry players commanding an estimated 44.7% of industry revenue in 2017. The industry is fairly fragmented because it comprises a wide variety of companies with different specialties. Industry services include nearly every type of financial transaction, including check processing, automated clearinghouse (ACH) payments, wire transfers, debit card servicing and credit card purchases. Furthermore, given the lack of technological innovation up until recently, new industry operators are now entering the industry and beginning to take claim over market share. For..

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    Additional Insights for the Credit Card Processing & Money Transferring Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Credit Card Processing & Money Transferring Industry are

  • Access to the latest available and most efficient technology and techniques
  • Low operating costs
  • Use of specialist equipment or facilities
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Consumer Confidence Index in the Credit Card Processing & Money Transferring industry impact industry performance..

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    Industry Products

    What is the Credit Card Processing & Money Transferring Industry?

    This industry offers financial transaction processing, reserve and liquidity services and check or other financial instrument clearinghouse services. The industry excludes electronic transactions associated with the US Federal Reserve (central bank).

    Industry Products
    Credit card services
    Debit card services
    Automated clearinghouse products
    Check processing
    Prepaid card services
    Industry Activities
    Automated bank or check clearinghouses (except central bank)
    Check clearing and validation services (except central bank)
    Credit card processing services
    Electronic funds-transfer services
    Electronic financial payment services
    Reserve and liquidity services (except central bank)
    Financial transactions processing (except central bank)
    Bank clearinghouse associations

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Consumer Confidence Index
  • commerce sales
  • Per capita disposable income
  • Regulation for the Credit Card Processing and Money Transferring industry

  • Current Performance
  • The decline of cash and checks
  • Market trends
  • Improving Technology
  • Chart: Revenue Growth

  • Industry Outlook
  • Security issues and data breaches
  • Industry structure
  • Technology
  • Table: Credit Card Processing & Money Transferring Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Credit Card Processing & Money Transferring Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Commercial Banking
  • Credit Card Issuing
  • Public Administration

  • Key Selling Industries
  • Computer & Packaged Software Wholesaling
  • Transportation and Warehousing

  • Products & Services
  • Debit card services
  • Credit card services
  • Automated clearinghouse products
  • Check processing
  • Prepaid card services
  • Chart: Credit Card Processing & Money Transferring Industry Products and Services Segmentation

  • Demand Determinants
  • Increasing demand for electronic payment systems
  • Helpful industry regulation

  • Major Markets
  • Merchants
  • Banks
  • The government
  • Chart: Major Market Segmentation for the Credit Card Processing & Money Transferring Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesMarketingRent and UtilitiesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Credit Card Processing & Money Transferring

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Credit Card Processing & Money Transferring Industry

  • Industry Globalization
    Major Companies
    Visa Inc.Fidelity National Information Services, Inc.PayPalKKR & Co.MasterCard Inc.American Express Company
  • Table: Visa Inc. - financial performance
  • Table: Fidelity National Information Services, Inc. - financial performance
  • Table: PayPal - financial performance
  • Table: KKR & Co. - financial performance
  • Table: MasterCard Inc. - financial performance
  • Table: American Express Company - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Credit Card Processing & Money Transferring Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Credit Card Processing & Money Transferring Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • E-Commerce Sales (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Automated Clearinghouse (Ach)
  • A nationwide mechanism that processes large volumes of electronically originated batches of credit and debit transactions.
  • Check
  • A form of payment that directs the bank to pay money from the check writer's bank account to the person in whose name the check is written.
  • Check Truncation
  • Conversion of a paper check to an electronic check, which serves as the official record.
  • E-Commerce
  • The buying and selling of products or services over electronic systems, such as the internet and other computer networks. Businesses engaged in e-commerce are often called e-tailers.
  • M-Commerce
  • The buying and selling of products or services over mobile devices, particularly mobile phones, smartphones and tablets.
  • Point-Of-Sale
  • A system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Credit Card Processing & Money Transferring:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Credit Card Processing & Money Transferring market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Credit Card Processing & Money Transferring, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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