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U.S. Major Networks & Issuers Market: Analysis, Performance & Trends (2015-2025) - ResearchAndMarkets.comThe "U.S. Major Networks & Issuers Market Analysis, Performance & Trends - Quarterly Review (2015-2019) and Annual Historical & Forecast (2015-2025)" report has been added to ResearchAndMarkets.com's offering. The mixed performance bag of the U.S. payment card market in 2019 produced record-setting double-digit yields and highest pre-tax ROAs in more than 30 years. However, portfolio metrics reveal erratic American consumer behavior with spending and debt, amidst global economic uncertainty. The extended U.S. recovery has produced an erosion in credit quality, re-igniting a race to the bottom. Going forward, profitability in the U.S. payment card market will likely face significant pressure from recession losses, reduced purchase volume coupled with rising account acquisition and card enhancement costs. This report, divided into seven sections, examines the operating performance, critical metrics, market dynamics and growth potential of the U.S. payment card market, including credit cards, charge cards, debit cards and prepaid cards. The report carefully examines the historical performance patterns on a quarter-by-quarter basis for the past five years. Annual historical performance of the past five years is reviewed and coupled with a five year forecast. Performance data are presented individually and by peer group. The report primarily covers a wide range of peer group performance metrics for the four major U.S.-based payment card networks, four largest U.S. bank payment card portfolios, and the two hybrid network/issuers. Collectively this peer group represents over 60% of the total U.S. market in payment card outstandings and nearly 100% of the U.S. market based on purchase dollar volume. Additionally, the report identifies and details the current individual annual performance data (outstandings and purchase dollar volume) of the 50 largest U.S. issuers, representing over 70% of the U.S. payment card market. Historical and current quarterly performance data (revolving debt, delinquency, charge-offs and pricing) of the Top 100 banks, based on assets, representing more than 80% of the U.S. payment card market, is presented on a peer group level. Most importantly each of the 43 parts includes a commentary and analysis of other key performance discussion, if relevant, including marketing expenses, per account acquisition costs, marketing channels, voluntary attrition, involuntary attrition, average tickets, portfolio segmentation by credit score and product type, reward redemption rates, fee development, demographics, new products and services, mobile apps and emerging payment technology. Through a total of 344 exhibits and more than 5,000 data points the U.S. payment card market reveals the trend lines developing over the past five years and the basis for a reliable five-year forecast. The report closely examines the four major U.S. networks quarterly and annually operating performance in the U.S. market as it pertains to gross dollar volume, purchase dollar volume, open accounts, cards-in-force, and market share. The data are presented individually and as a peer group. Additionally, the two largest networks are reviewed, quarterly and annually, individually and combined, for gross dollar volume, purchase dollar volume, cash dollar volume, open accounts, cards-in-force, gross transactions, purchase transactions, cash transactions. The four largest U.S. credit card issuer portfolios are examined individually, and as a peer group, for the past five-year period, quarter-by-quarter, and annually. Critical portfolio metrics include early stage delinquency, late stage delinquency, charge-offs, loan-loss reserves, yield, marketshare, profit/loss, outstandings, gross volume, purchase volume, total open accounts, total active accounts, and cards-in-force. The portfolios of the four largest U.S. credit card issuers, combined with the two largest hybrid issuer/networks, are examined individually and presented as a peer group, quarterly and annually. Metrics include early stage delinquency, late stage delinquency, charge-offs, loan-loss reserves, yield, marketshare, profit/loss, outstandings, gross volume, purchase volume, total open accounts, total active accounts, and cards-in-force. Report Highlights
The U.S. payment card industry has reached the point of saturation of credit card products, the maturation of debit card products and the accelerating penetration of prepaid cards will produce unprecedented challenges in the next five years. Card issuers are also facing a likely downward global economic cycle in the 2021 to 2023 period, dampening U.S. consumer spending and personal debt aversion. Regardless, opportunities abound in the U.S, marketplace with the integration of mobile apps and other financial technology (Fintech) to capture payment volume. Migrating current and future card products to less complex and lower cost rewards programs is inevitable. Snippet counter marketing of competitor weaknesses in basic card pricing in late payment, balance transfers, cash advances and foreign transactions will likely emerge. While risk management will be the key to the mitigation of card metrics during the next few years including credit lines, opportunities exist to market consumer friendly debt management through minimum payment waivers and short-term interest rate reductions. It is imperative for U.S. payment card issuers to thoroughly review the effectiveness of current marketing channels, stem the rising tide of account attrition rates pervasive among major portfolios. Internet marketing has become intrusive over the past five years, diminishing brand value via the aggressiveness of online marketing via third parties. With a focus on the four largest payments networks and the four largest issuers in the U.S. credit, charge, debit, and prepaid card business, collectively representing the gorilla and lion of market share, this report:
Key Topics Covered (7 Sections - 43 Parts - 344 Exhibits - 5,000+ Data Points - 400+ Pages) SECTION A: U.S. Network Peer Group Part 01 - U.S.-Based Network Credit/Charge Card U.S. Gross Dollar Volume Part 02 - U.S.-Based Network U.S. Payment Card (Credit+Charge+Debit+Prepaid) Purchase Dollar Volume Part 03 - U.S.-Based Network U.S. Payment Card (Credit+Charge+Debit+Prepaid) Gross (Open) Accounts Part 04 - U.S.-Based Network U.S. Payment Card (Credit+Charge+Debit+Prepaid) Cards-in-Force Part 05 - U.S.-Based Network U.S. Payment Card (Credit+Charge+Debit+Prepaid) Marketshare/Gross Dollar Volume SECTION B: U.S. Issuer Peer Group Part 06 - Four Largest U.S. Credit/Charge Card Issuers U.S. Gross Dollar Volume Part 07 - Four Largest U.S. Credit/Charge Card Issuers U.S. Purchase Dollar Volume Part 08 - Four Largest U.S. Credit/Charge Card Issuers U.S. End-of-Period Outstandings Part 09 - Four Largest U.S. Credit/Charge Card Issuers U.S. Gross (Open) Accounts Part 10 - Four Largest U.S. Credit/Charge Card Issuers U.S. Active (Sales) Accounts Part 11 - Four Largest U.S. Credit/Charge Card Issuers U.S. Cards-in-Force Part 12 - Four Largest U.S. Credit/Charge Card Issuers U.S. Card 30+ Day Delinquency Part 13 - Four Largest U.S. Credit/Charge Card Issuers U.S. Card 90+ Day Delinquency Part 14 - Four Largest U.S. Credit/Charge Card Issuers U.S. Card Charge-Offs Part 15 - Four Largest U.S. Credit/Charge Card Issuers U.S. Card Portfolio Yield Part 16 - Four Largest U.S. Credit/Charge Card Issuers U.S. Card Marketshare/ Purchase Dollar Volume Part 17 - Four Largest U.S. Credit/Charge Card Issuers U.S. Card Profit/Loss SECTION C: U.S. Visa + Mastercard Peer Group Part 18 - Visa + Mastercard U.S. Payment Card (credit+charge+debit+prepaid) Gross Dollar Volume ($US) Part 19 - Visa + Mastercard U.S. Payment Card (credit+charge+debit+prepaid) Purchase Dollar Volume ($US) Part 20 - Visa + Mastercard U.S. Payment Card (credit+charge+debit+prepaid) Cash Dollar Volume ($US) Part 21 - Visa + Mastercard U.S. Payment Card (credit+charge+debit+prepaid) Gross (Open) Accounts [2015-2019] Part 22 - Visa + Mastercard U.S. Payment Card (credit+charge+debit+prepaid) Cards-in-Force [2015-2019] Part 23 - Visa + Mastercard U.S. Payment Card (credit+charge+debit+prepaid) Gross Transactions [2015-2019] Part 24 - Visa + Mastercard U.S. Payment Card (credit+charge+debit+prepaid) Purchase Transactions [2015-2019] Part 25 - Visa + Mastercard U.S. Payment Card (credit+charge+debit+prepaid) Cash Transactions [2015-2019] SECTION D: U.S. Issuer + Network Peer Group Part 26 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. Gross Dollar Volume Part 27 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. Purchase Dollar Volume Part 28 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. End-of-Period Outstandings Part 29 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. Gross (Open) Accounts Part 30 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. Active (Sales) Accounts Part 31 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. Cards-in-Force Part 32 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. 30+ Day Delinquency Part 33 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. 90+ Day Delinquency Part 34 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. Charge-Offs Part 35 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. Portfolio Yield Part 36 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card U.S. Marketshare/Purchase Dollar Volume Part 37 - Four Largest Issuers + Two Network/Issuers U.S. Credit/Charge Card Largest U.S. Profit/Loss SECTION E: U.S. Top 50 Issuers Part 38 - U.S. Top 50 Issuers Credit/Charge Card SECTION F: U.S. Top 100 Issuers Part 39 - Top 100 Banks Quarterly U.S. Credit Card 30+ Day Delinquency Part 40 - Top 100 Banks Quarterly U.S. Credit Card Charge-Offs Part 41 - Top 100 Banks U.S. Credit Card Monthly Interest Rates SECTION G: U.S. Consumer Statistics Part 42 - U.S. Monthly Revolving Consumer Credit Part 43 - U.S. Quarterly Consumer Financial Obligations & Debt Service Ratio Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/2de4fy View source version on businesswire.com: https://www.businesswire.com/news/home/20200320005280/en/ |
