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| Business Strategy: Results from the 2011 Consumer Payments Survey |
Price: US $4,500 |
Authors:
Aaron McPherson, Marc DeCastro, Tasneem Federal
Business Strategy
November, 2011 - Doc # FIN231569
Number of Pages: 17
Number of Figures: 11
Overview
This IDC Financial Insights report discusses the results of a nationally representative Web survey of U.S. consumers focused on usage of emerging payment technologies. The most recent survey, conducted in March 2011, showed strong growth in online bill payment, prepaid cards, and mobile payments for digital content. The influence of reward points on consumer choice of payment instrument also increased dramatically. According to Aaron McPherson, practice director, Financial Services at IDC Financial Insights and the principal author of this report, "Despite the cost pressures facing the financial industry, banks and credit unions must continue to invest in their payment products to take advantage of the many promising growth trends we have seen in this year's survey. Otherwise, they risk leaving money on the table for nonbanks to pick up."
IDC Financial Insights Opinion | In This Study | Situation Overview | The Approach | Future Outlook | Essential Guidance | Learn More
Subscriptions Covered:
IDC Financial Insights: Worldwide Payment Strategies
Companies Covered:
PayPal Pte. Ltd.,
AMERICAN EXPRESS COMPANY,
STARBUCKS CORPORATION,
MASTERCARD INCORPORATED,
NetSpend Corporation,
AMAZON.COM, INC.,
Google Inc.,
Intuit Inc.
Regions Covered:
United States
Topics Covered:
Android,
Broadband,
Consumer,
Mobility,
Networked consumer devices,
Networking and connectivity devices,
Software,
Video player,
eCommerce
Vertical Markets:
Banking,
Capital Markets,
Financial Risk Management
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