Penetration of smartphones to elevate m-commerce Demand in France: Ken Research

Ken research announced its most recent publication on “Consumer Payments Country Snapshot: France 2016,” which offers comprehensive overview on the consumer payments market in the France, concentrated on payment cards, online payments, P2P payments, and new payment technologies such as mobile wallets and contactless and also the shrewd examination of the regulations implied in the industry that players must comply with, and how these have evolved lately. The distribution offers an in-depth analysis of the major payment card types in terms of both card holding and usage, explores the online payment market in the France by merchant type & payment tool and the regulations affecting the payments market and how they are likely to affect new incumbents and disruptors, furthermore it has investigated the consumer attitudes towards prepaid cards, P2P tools, mobile payment tools, and contactless cards, and how the industry in the France are deploying these tools to satisfy customer needs. The distribution serves a lot of purposes individuals who are seeking data about the key facts and figures in the consumer payments market in the France, regulatory requirements affecting the players, major competitors new product launches and customers various sentiments over various payment options.

Observations from the Macro economic imbalances

• The on-going deterioration in the current account and the international investment position showcases a risk for the long-term sustainability of the French growth model. France has witnessed important losses in export market shares over the last few years (-14.0% between 2007 and 2012). Contrary to developments in other deficit countries, limited signs of a durable rebalancing can be seen in France so far.
• The efforts to improve the non-cost competitiveness of French companies are hampered by their low profitability and increasing indebtedness.

The low profit margins of French companies, which continued to deteriorate in 2012 significantly due to a still increasing tax burden, led them to escalate their indebtedness in order to finance investment. Moreover credit constraints appear moderate at this stage, such a situation may lessen their ability to invest and to effectively engage in export activities.

• The high general government deficit, jointly with a still rising public debt constitutes a major vulnerability, which calls for further adjustment.

France's government deficit expanded sharply in 2009 as a result of the economic crisis. Since then, fiscal consolidation has been undertaken in order to bring the deficit below 3% of GDP by 2013, a deadline which has been extended to 2015. While risks to the medium-term sustainability appear moderate, the expansion in public debt following the financial crisis means that the economy has become more sensitive to potential adverse economic events.
 Latest Trends
France has the lowest card penetration in Western Europe, with less than one payment card per person in circulation and for this The French government has acquainted legislation obliging organizations to install payment terminals equipped of accepting contactless cards and NFC-based mobile wallets when purchasing new POS terminals.
E-commerce continues to account for the wide majority of online purchases in France. However, m-commerce is gaining ground, with its share of online purchases rapidly developing from 1% in 2010 to 12% in 2014. Payment providers should look to invest in mobile to ensure their long-term relevance.
 Topics Covered in the Report

• Global payment industry research
• France payment industry
• Consumer payment industry France
• Europe payment industry
• M-commerce Market France
• Ecommerce payment industry
• Wallet payment market France
• Plastic Card Money France
• P2P payments France
• Online Payment channels France

To know more on the coverage, tap on the link underneath:
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/consumer-payments-country-snapshot-france-2016/70709-93.html
Related Links
Consumer Payments Country Snapshot: Netherlands 2016
Consumer Payments Country Snapshot: New Zealand 2016
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Trend of m-commerce payments among Dutch Consumers: Ken research

• Dutch consumers have become increasingly comfortable using mobiles to shop online, offering opportunities for further enhancement to mobile-based payment offerings.
• The share of Dutch consumers who use a contactless card has developed more than 20%, showing there is a developing interest in the benefits of new technology.

Ken research announced its latest distribution on “Consumer Payments Country Snapshot: Netherlands 2016,” which offers insight on the consumer payments market in the Netherlands, concentrated on payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless and also the shrewd examination of the regulations implied in the industry that players must comply with, and how these have evolved lately. The distribution offers an in-depth analysis of the major payment card types in terms of both card holding and usage, explores the online payment market in the Netherlands by merchant type & payment tool and the regulations affecting the payments market and how they are likely to affect new incumbents and disruptors, furthermore it has investigated the consumer attitudes towards prepaid cards, P2P tools, mobile payment tools, and contactless cards, and how the industry in the Netherlands are deploying these tools to satisfy customer needs. The distribution serves a lot of purposes individuals who are seeking data about the key facts and figures in the consumer payments market in the Netherland, regulatory requirements affecting the players, major competitors new product launches and customers various sentiments over various payment options.

The Netherlands have a generous and open economy, which is dependent hugely on foreign trade. The economy is well known for stagnant industrial relations, fairly low unemployment and inflation, a very huge sizable current account surplus.
The circular deal has been marked by eight urban communities in the Netherlands which are Amsterdam, Almere, Apeldoorn, Haarlemmermeer, Rotterdam, Utrecht, Venlo and Dordrecht, with others quick to join, that spotlights on transitioning to a round economy. Amsterdam was the main city to start research on the possibility of urban communities turning towards circular economies two years back. Because of environmental change and asset productivity, the Amsterdam Metropolitan Region (AMR) intends to lead the development by actualizing changes in the following 10 years that will satisfy their vision for 2025. The AMR will concentrate particularly on discovering answers to take care of potential issues in energy, water and material assets through circular update.
The Dutch payments market is profoundly mature, with consumers very comfortable using debit cards and online payment channels, moreover recent developments in mobile proximity payments as well as contactless technology by the likes of ING, Rabobank, and ABN Amro will witness these payment options gain traction among Dutch consumers.  While e-commerce accounts for the huge majority of online purchases by value in the Netherlands, m-commerce is set to witness a significant compound annual growth rate of 21% between 2015 and 2020. Dutch consumers have become incrementally comfortable using mobiles to shop online, offering opportunities for further uplift to mobile-based payment offerings.
Topics Covered In the Report

• Global payment industry research
• Netherlands payment industry
• Consumer payment industry Netherlands
• Europe payment industry
• M-commerce payment Sector
• Ecommerce industry Netherlands
• Banking industry Netherlands
• Netherlands Plastic Money Market
• Netherlands Debit card demand

To know more on the coverage, tap on the link underneath:
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/consumer-payments-country-snapshot-netherlands-2016/58932-93.html
Related Reports
The Cards and Payments Industry in Norway: Emerging Trends and Opportunities to 2021
Consumer Payments Country Snapshot: UAE
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204