Credit Card Processing & Money Transferring in the US
Over the five years to 2016, the Credit Card Processing and Money Transferring industry is expected to experience strong revenue growth as processors continue to reap the benefits of large-scale implementation of electronic payment technology and growing e-commerce. In the coming years, consumer confidence is expected to continue to rise, thus expanding the amount consumers spend and increasing transaction volumes. Industry operators are expected to expand their online presence as they shift merchants of all sizes to accept electronic methods of payment as they become standard among consumers.
This industry offers financial transaction processing, reserve and liquidity services and check or other financial instrument clearinghouse services. The industry excludes electronic transactions associated with the US Federal Reserve (central bank).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.