[August 13, 2012] Alternative Payment Channels Tweet NEW YORK, Aug. 13, 2012 /PRNewswire via COMTEX/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Alternative Payment Channels http://www.reportlinker.com/p0850558/Alternative-Payment-Channels.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Online_Banking Synopsis Alternative payment channels have changed the way consumers pay for goods and services, and are paving the way for tapping into the unbanked sector across the world. This report examines the moves underway in the developed and developing markets which are making it easier for both merchants and consumers to transact outside traditional transactional models It includes a key player matrix of the main Payment Service Providers (PSPs) worldwide Moves in the key developing economies of Brazil, India, China and Russia are featured Highlights in the developed markets of the US, Europe and Japan are also examined Summary Payments are moving from cash based to cash-less transaction. Across the globe consumers are shifting towards more convenient, faster and more secure channels of payment like online banking or prepaid cards. A number of companies are also testing technologies that let customers make payments with mobile phones. In developing countries like India, online third party fund transfers provided by banks are also considered an alternative payment channel. Electronic payments are gradually displacing paper-based payments as the preferred means of transaction in many countries. While online payment services or e-commerce are more prominent in developed economies owing to the high penetration of the internet, mobile payments have considerable reach in emerging economies like India, China, Brazil and Kenya as there are more mobile phones than bank accounts in these countries. These changing trends are creating opportunities for established as well as start-up companies offering a plethora of alternative payment instruments. The online and mobile payment market is expected to undergo substantial growth with even some government institutions supporting the development of alternative payment channels across various sectors. Scope This report will allow you to: Gauge the current market status of alternative payment channels Access previously unpublished data on the alternative payments market Identify the trends and innovations propelling the growth of alternative payments Gain insight into technology and infrastructure supporting electronic payments Scan the trends in developed markets and the opportunities in emerging markets Learn from the major players and their product portfolios Analyse the overall market potential for alternative payments Reasons To Buy Examine detailed insight into the variety of alternative payment channels currently available Key industry statistics have been compiled to give a holistic view of the major markets such as the US, UK, Italy, Germany, India and China There is a special emphasis on the opportunities available in emerging markets Gain insights into key regulations governing alternative payment channels Key Highlights Non-cash payments are replacing cash payments Electronic payments are replacing paper-based payments Self-service is replacing branch banking The use of debit cards has grown faster than the use of credit cards, but this may change Direct debits are developing slowly Table of Contents 1 Executive Summary 2 Alternative Payments 2.1 Alternative Payments - Market Presence 2.2 Types of Alternative Payments 2.2.1 Prepaid Cards 2.2.2 E-Payments Gateways 2.2.3 Mobile Payments 2.2.4 Voice biometrics a 'proven solution' 2.3 Financial Inclusion 2.4 Cross Border payments 2.5 Key Player Matrix - Payment Service Providers 3 Technology/Infrastructure 3.1 Introduction 3.2 Internet and Mobile Penetration 3.3 Internet Users 3.4 Internet users in the world by Geographic Regions-2011 3.5 Entrance of Telco's in Financial Services 3.5.1 Innovative Technology for Alternative payments 3.6 Role of ATMs and PoS (Point Of Sale Equipment) 3.6.1 Visa forecast for 2012 3.6.2 VPay 3.6.3 MBNA launches American Express-branded contactless credit card in the U.K 4 Developed Economies 4.1 Europe 4.2 The US - accelerating electronic payments 4.3 Japan 5 Emerging Economies 5.1 BRIC Countries - Economic Snapshot 5.2 BRIC Countries - Financial Inclusion 5.3 Brazil 5.4 India 5.5 China 5.6 Russia 5.7 Africa 5.8 Latin America - A window of opportunity 5.9 Emerging Europe 6 Key Regulatory and Industry Initiatives 7 Conclusion 8 Bibliography List of Tables Table 1: Prepaid Cards: New trends and innovations Table 2: Electronic Payments by value and volume Table 3: M-payment Business models Table 4: Mobile Payments - Today and Tomorrow Table 5: Percentage of banked households in 2009 Table 6: Active, unbanked clients of eight branchless banking pioneers 2010 Table 7: 2pay (to be renamed as Xsolla) Table 8: AcceptEmail Table 9: Adyen Table 10: Chase Paymentech Table 11: Chess Table 12: CyberSource Table 13: Failsafe Payments Table 14: First Atlantic Commerce Table 15: hyperWALLET Table 16: Mi-Pay Table 17: Introduction Table 18: Payment Instrument (Major European Economies) (% of total number of transactions 2010 Table 19: Financial Access (Major European Economies) - Number of Branches per 100,000 adults 2009 Table 20: Financial Access Table 21: Mobile Payments Table 22: Financial Access - Number of Branches per 100,000 adults, 2009 Table 23 Payment Adoption Table 24: Mobile banking and mobile payments in the United States Table 25: Financial Access - Number of Branches per 100,000 adults, 2009 Table 26: Volume and Value of Transactions Settled Using Electronic Money - Japan Table 27: Mobile Contactless payment market - key players Table 28: Major Smart Card Services in Japan Table 29: Financial Access - Number of Branches per 100,000 adults 2009 Table 30: Brazil - Payment Instrument by Volume (mn) Table 31: US credit card balance growth 1999-2008 Table 32: Retail Electronic Payment Table 33: Retail Electronic Payment Table 34: Key players in the Indian Alternative Payment Market Table 35: Current Payment and Clearing systems in Africa List of Figures Figure 1: Total number of e-money transaction in the CPPS countries (mn) Figure 2: Estimated growth rate of Global Branded Prepaid Cards by Value (USD bn), 2009 - 2017 Figure 3: Global e-Payments by value 2008 2008 Figure 4: Global e-Payments by value 2012p 2012p Figure 5 The new alternative payment options offered by Emirates Figure 6: Inkfruit - bearing fruits... Figure 7: Global Mobile Payments (Euro bn), 2008 - 2012 Figure 8: Global Mobile Payments (Euro bn), 2008 - 2012 Figure 9: Mobile to help park and pay Figure 10: Mobile Phone subscriptions-per 100 habitants Figure 11: Mobile Broadband subscriptions -per 100 habitants Figure 12: Estimated Internet Users -Per 100 inhabitants Figure 13: Mobile Subscriptions by region-Per 100 habitants Figure 14: Estimated Internet Users by region-Per 100 habitants Figure 15: Estimated Internet Users in Developed and Emerging countries (2006-2011)(Million) Figure 16: Estimated Internet Users in Developed and Emerging countries (2006-2011) (million) Figure 17: Internet users in the world by Geographic Regions-2011 Figure 18: Zong Figure 19: Indian Consumer Finance Market Size (INR Trillion), 2007-2016 Figure 20: World population, 1950-2050 Figure 21: Oyster Card - Contactless RFID Card Figure 22: Zopa - Peer 2 Peer Lending - Electronic Payment Figure 23: Gross Domestic Product growth (%) - 2009-2013F Figure 24: Number of Noncash Payments (bn) 2006-2009 Figure 25: Mobile Payment Service Provider Figure 26: Charge Anywhere Figure 27: WireTrust Figure 28: Gross Domestic Product growth (%) 2009-2013F Figure 29: Online Payment Preference-2010 Figure 30: BRIC Nations GDP Growth Rate-2006-2010 (%) Figure 31: M-PESA Transaction Figure 32: Return on assets, large US credit card banks, 1987-2007 (%) Figure 33: % of cash cards used for booking Raily Tickets in the month of Jan 2011 Figure 34: Snapshot of growth path of China's E-Payment Figure 35: China online payment Market (Rmb,bn), 2006-2010p Figure 36: Return on assets, large US credit card banks, 1987-2007 (%) Figure 37: Worldwide expected growth in non-cash transactions by region-2009-2010E Figure 38: E-Commerce growth in Latin America Figure 39: Retail Category according to Segment Figure 40: Latin America - Mobile phone users and growth (%) 2009-2015 Figure 41: Latin America- Mobile and internet penetration Figure 42: Active Cards in Issue, November 2011 Figure 43: Top Five issuers, Credit and Debit cards, November 2011 Figure 44: Mobile penetration rate - Colombia Figure 45: Percentage of transactions using different payment instruments 2000-2009 Figure 46: Number of Internet Banking Customers (mn), 2006-2010p Figure 47: Number of Internet Banking Customers (mn), 2006-2010p Figure 48: Number of Web-Card Customers (thousands), 2006-2010p Figure 49: Key Regulatory and Industry Initiatives at a Global and Regional Level, 2010- Heat Map To order this report: Online Banking Industry: Alternative Payment Channels More Market Research Report Check our Industry Analysis and Insights Nicolas BombourgReportlinkerEmail: [email protected]: (805)652-2626Intl: +1 805-652-2626 SOURCE Reportlinker [ Back To TMCnet.com's Homepage ]