Overview

IBISWorld’s Business Credit Card Services Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Business Credit Card Services.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Business Credit Card Services - Recent Price Trend

In the three years to 2017, APRs for business credit cards have risen an estimated 0.7 percentage points. As inflation has been rising and unemployment has approached its natural rate, the FOMC has started to increase the target range for the federal funds rate after nearly a decade of stagnancy. For example, the FOMC voted to increase the target range by 25 basis points in June 2017, following...

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Business Credit Card Services - Total Cost of Ownership

Business credit card services have a moderate total cost of ownership because of the potential hidden costs associated with credit card usage. These costs range from about 50.0% to 100.0% of the benchmark price per year. Buyers should carefully review their credit card contracts before signing to ensure that they are aware of all the potential fees and how to avoid them. For example, many...

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About this Report

This report is intended to assist buyers of business credit card services. Credit card issuers, chiefly banks, create revolving accounts and extend lines of credit to businesses of all sizes. Businesses use credit cards to purchase goods and services to facilitate their operations. In return, businesses (sometimes referred to as cardholders) must pay the balance in full or in installments, usually monthly. This report does not include consumer credit card services or commercial lending services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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