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Credit Card Processing & Money Transferring in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Credit Card Processing & Money Transferring Market Research Report | NAICS 52232 | Feb 2017

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 Statistics & Market Size
Revenue
$75bn
Annual Growth 12-17
4.1%
Annual Growth 17-22
Annual Growth
Profit
Profit
Employment
149,952
Businesses
4,880
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 - Starting a New Business Chapter

Barriers to entry into the Credit Card Processing and Money Transferring industry due to its highly technical and regulated nature. Participants in the industry must be in accordance with all federal and state laws associated with money transferring on top of establishing a client base in a highly competitive industry. Additionally, operators in this environment must invest heavily in infrastructure upon setting up their operations, followed by continuous infrastructure investment in subsequent years. This includes but is not limited to expenditure on buildings, transportation, mechanical and electronic collection and processing equipment. The.. ... purchase to read more

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... purchase to read more

     


    Industry ProductsRelated Reports

    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 servicesDebit card servicesAutomated clearinghouse productsCheck processingPrepaid card services
     
    Industry Activities
    Automated bank or check clearinghouses (except central bank)Check clearing and validation services (except central bank)Credit card processing servicesElectronic funds-transfer servicesElectronic financial payment servicesReserve 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
  • 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.
    PayPal
    KKR & 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 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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