Market Research Logo

The Cards and Payments Industry in Germany: Emerging Trends and Opportunities to 2021

The Cards and Payments Industry in Germany: Emerging Trends and Opportunities to 2021

Summary

GlobalData’s The Cards and Payments Industry in Germany: Emerging Trends and Opportunities to 2021 report provides top-level market analysis, information and insights into the German cards and payments industry, including -

  • Current and forecast values for each market in the German cards and payments industry, including debit, credit and charge cards.
  • Detailed insights into payment instruments including credit transfers, direct debits, cash transactions, checks and payment cards. It also, includes an overview of the country's key alternative payment instruments.
  • E-commerce market analysis and payment methods.
  • Analysis of various market drivers and regulations governing the German cards and payments industry.
  • Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
  • Comprehensive analysis of consumer attitudes and buying preferences for cards.
  • The competitive landscape in the German cards and payments industry.
This report provides detailed analysis of market trends in the German cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debits, check payments, payment cards and cash transactions during the review period (2012-2016).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2017-2021). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.

To increase financial access to the under and unbanked populations, Bafin - the banking and financial services regulator - announced mandatory free basic accounts to all Germans as part of the new Payment Account Acts (Zahlungskontengesetz - ZKG) in 2016. Under the terms, basic accounts must be provided to all citizens including those with no permanent address, asylum seekers and those without a permit of residence. All accountholders will be offered basic functionality including a payment card, credit transfer facilities and the ability to pay direct debits.

To offer secured and convenient online payments, German Savings Banks Association (DSGV) launched its own online payment solution, Paydirekt in November 2015. It allows customers of participating banks to pay for online purchases directly from their checking accounts, thereby eliminating the need for any third-party payment processors.

The emergence of digital-banks is likely to accelerate the shift away from cash. Telecom service provider Telefónica Deutschland partnered with Fidor Bank to launch a mobile-only bank in July 2016. Customers using the O2 banking app can conduct transactions such as P2P transfers and apply for loans. Upon opening of the account, customers receive Mastercard debit card. Other mobile-only banks such as N26 and Fidor Bank are active in the German market.

Scope
  • This report provides a comprehensive analysis of the German cards and payments industry.
  • It provides current values for the German cards and payments industry for 2016, and forecast figures to 2021.
  • It details the different demographic, economic, infrastructural and business drivers affecting the German cards and payments industry.
  • It outlines the current regulatory framework in the industry.
  • It details marketing strategies used by various banks and other institutions.
Reasons to buy
  • Make strategic business decisions, using top-level historic and forecast market data, related to the German cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities in the German cards and payments industry.
  • Assess the competitive dynamics in the German cards and payments industry.
  • Gain insights into marketing strategies used for various card types in Germany.
  • Gain insights into key regulations governing the German cards and payments industry.


1. EXECUTIVE SUMMARY
1.1. Market overview
1.2. Key facts
1.3. Top five industry events
2. PAYMENT INSTRUMENTS
2.1. Current payment environment
3. E-COMMERCE AND ALTERNATIVE PAYMENTS
3.1. E-commerce market analysis
3.2. Alternative payment solutions
3.2.1. ELV
3.2.2. Sofort
3.2.3. Giropay
3.2.4. PayPal
3.2.5. Paysafecard
3.2.6. RatePAY
3.2.7. Barzahlen
3.2.8. Alipay
3.2.9. boon
3.2.10. Seqr
3.2.11. Visa V.me
4. REGULATIONS IN THE CARDS AND PAYMENTS INDUSTRY
4.1. Regulatory framework
4.1.1. SEPA implementation
4.1.2. Implementation of the PSD
4.1.3. Interchange fee regulation
4.1.4. Anti-money laundering
4.2. Foreign direct investment (FDI) regulations
5. ANALYSIS OF CARDS AND PAYMENTS INDUSTRY DRIVERS
6. PAYMENT CARDS
7. DEBIT CARDS
7.1. Debit cards market analysis
7.2. Competition in the debit cards market
7.3. Debit cards comparison
8. PAY LATER CARDS
8.1. Pay later cards market analysis
8.2. Competition in the pay later cards market
8.3. Pay later cards comparison
9. PREPAID CARDS
10. MERCHANT ACQUIRING
11. APPENDIX
11.1. Abbreviations and acronyms
11.2. Supplementary data
12. DEFINITIONS
12.1. Common payment card features
12.2. Methodology
12.3. Bibliography
12.4. Further reading
List of Tables
Table 1: Germany, Key Facts, 2016
Table 2: Germany, Regional Benchmarking of Payment Cards, 2016
Table 3: Germany, Modes of Entry of Foreign Banks
Table 4: Germany, Debit Cards Comparison and Key Features, 2016
Table 5: Germany, Gold Credit Cards Comparison and Key Features, 2016
Table 6: Germany, Premium Credit Cards Comparison and Key Features, 2016
Table 7: Germany, Charge Cards Comparison and Key Features, 2016
Table 8: Germany - Mergers and Acquisition in Merchant Acquiring
Table 9: Germany, Payment Instrument Transaction Values (EUR Billion), 2012-2016
Table 10: Germany, Payment Instrument Transaction Values (US$ Billion), 2012-2016
Table 11: Germany, Payment Instrument Transaction Volumes (Billion), 2012-2016
Table 12: Germany, Payment Cards in Circulation by Type (Million), 2012-2021
Table 13: Germany, Volume of Payment Card Transactions (Billion), 2012-2021
Table 14: Germany, Value of Payment Card Transactions (EUR Billion), 2012-2021
Table 15: Germany, Value of Payment Card Transactions (US$ Billion), 2012-2021
Table 16: Germany, Debit Cards in Circulation (Million), 2012-2021
Table 17: Germany, Debit Card Transaction Volumes, 2012-2021
Table 18: Germany, Debit Card Transaction Values (EUR), 2012-2021
Table 19: Germany, Debit Card Transaction Values (US$), 2012-2021
Table 20: Germany, Debit Cards in Circulation by Scheme (Million), 2012-2016
Table 21: Germany, Debit Card Transaction Values by Scheme (EUR Billion), 2012-2016
Table 22: Germany, Debit Card Transaction Values by Scheme (US$ Billion), 2012-2016
Table 23: Germany, Debit Card Transaction Values by Issuer (EUR Billion), 2012-2016
Table 24: Germany, Debit Card Transaction Values by Issuer (US$ Billion), 2012-2016
Table 25: Germany, Pay Later Cards in Circulation (Million), 2012-2021
Table 26: Germany, Pay Later Card Transaction Volumes, 2012-2021
Table 27: Germany, Pay Later Card Transaction Values (EUR), 2012-2021
Table 28: Germany, Pay Later Card Transaction Values (US$), 2012-2021
Table 29: Germany, Pay Later Cards in Circulation by Scheme (Million), 2012-2016
Table 30: Germany, Pay Later Card Transaction Values by Scheme (EUR Billion), 2012-2016
Table 31: Germany, Pay Later Card Transaction Values by Scheme (US$ Billion), 2012-2016
Table 32: Germany, Pay Later Card Transaction Values by Issuer (EUR Billion), 2012-2016
Table 33: Germany, Pay Later Card Transaction Values by Issuer (US$ Billion), 2012-2016
Table 34: Germany, Credit Cards in Circulation (Million), 2012-2021
Table 35: Germany, Credit Card Transaction Volumes, 2012-2021
Table 36: Germany, Credit Card Transaction Values (EUR), 2012-2021
Table 37: Germany, Credit Card Transaction Values (US$), 2012-2021
Table 38: Germany, Credit Cards in Circulation by Scheme (Million), 2012-2016
Table 39: Germany, Credit Card Transaction Values by Scheme (EUR Billion), 2012-2016
Table 40: Germany, Credit Card Transaction Values by Scheme (US$ Billion), 2012-2016
Table 41: Germany, Charge Cards in Circulation (Million), 2012-2021
Table 42: Germany, Charge Card Transaction Volumes, 2012-2021
Table 43: Germany, Charge Card Transaction Values (EUR), 2012-2021
Table 44: Germany, Charge Card Transaction Values (US$), 2012-2021
Table 45: Germany, Charge Cards in Circulation by Scheme (Million), 2012-2016
Table 46: Germany, Charge Card Transaction Values by Scheme (EUR Billion), 2012-2016
Table 47: Germany, Charge Card Transaction Values by Scheme (US$ Billion), 2012-2016
Table 48: Germany, Prepaid Cards in Circulation (Million), 2012-2021
Table 49: Germany, Prepaid Card Transaction Values (EUR Million), 2012-2021
Table 50: Germany, Prepaid Card Transaction Values (US$ Million), 2012-2021
Table 51: Germany, Merchant Acquiring Transaction Volumes (Billion), 2012-2021
Table 52: Germany, Merchant Acquiring Transaction Values (EUR Billion), 2012-2021
Table 53: Germany, Merchant Acquiring Transaction Values (US$ Billion), 2012-2021
Table 54: Germany, Acquirers’ Transaction Volumes (Million), 2012-2016
Table 55: Germany, Acquirers’ Transaction Values (EUR Billion), 2012-2016
Table 56: Germany, Acquirers’ Transaction Values (US$ Billion), 2012-2016
Table 57: Germany, Retail Outlets and Card-Accepting Merchants (Thousand), 2012-2021
Table 58: Germany, Debit Card Average Interchange Fees (%), 2012-2016
Table 59: Germany, Debit Card Merchant Service Charge and Interchange Fee (%), 2012-2021
Table 60: Germany, Pay Later Card Average Interchange Fees (%), 2012-2016
Table 61: Germany, Pay Later Card Merchant Service Charge and Interchange Fee (%), 2012-2021
Table 62: Definitions of Commonly Used Terms
Table 63: Common Features of Payment Cards
Table 64: Annual Average Exchange Rate (EUR-US$), 2012-2021
List of Figures
Figure 1: Germany, Payment Instrument Shares by Transaction Value (%), 2012 vs 2016
Figure 2: Germany, Payment Instrument Shares by Transaction Volume (%), 2012 vs 2016
Figure 3: Germany, E-Commerce Value
Figure 4: Germany, Population and Economic Indicators
Figure 5: Germany, ATMs, POS Terminals and Household Consumption
Figure 6: Germany, Payment Cards Transaction Value and Cards in Circulation (%), 2012-2021
Figure 7: Germany, Debit Card Penetration and Turnover per Card, 2016
Figure 8: Germany, Debit Cards Scheme and Issuer Transaction Value Share (%), 2016
Figure 9: Germany, Pay Later Card Penetration and Turnover Per Card, 2016
Figure 10: Germany, Pay Later Cards Scheme and Issuer Transaction Value Share (%), 2016
Figure 11: Germany, Prepaid Cards in Circulation and Transaction Value, 2012-2021
Figure 12: Germany, Merchant Acquiring Transaction Volume and Value, 2012-2021
Figure 13: Germany, Acquirers’ Market Share in Terms of Transaction Volume and Value (%), 2016
Figure 14: Germany, Average Merchant Service Charge and Interchange Fee (%), 2012-2021

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report