Market Research Logo

Consumer Payments Competitor Tracker

Consumer Payments Competitor Tracker

Summary

The global consumer payments market is a highly dynamic and competitive space, which means that it is crucially important to stay on top of key developments. The Consumer Payments Competitor Tracker does just that, providing expert analysis and opinion on the key strategic moves of leading competitors in the consumer payments market.

Synopsis

  • Gain invaluable insight on competitors in one concise product covering events from 2008 to the present day.
  • Sharpen your strategy by tracking products, services, partnerships, acquisitions, and organic growth developments from leading payment providers.
  • Use the dashboard to search activity by country, company, or themes such as card technology and issuance, mobile payments, and legal and regulatory.
  • Extract stories from the dashboard according to pre-defined search criteria.
Reasons To Buy
  • What product and service innovations are payment providers launching around the world?
  • Which regions and markets are the competition expanding into?
  • Who are the competition entering into partnerships with?
  • How active is M&A and organic growth in a specific region or country?
Key Highlights

Visa and PayPal are the most active companies in the Consumer Payments Competitor Tracker, recording the highest number of global product, service, and innovation activities.

Product and service innovation is heavily concentrated in the US, where payment and technology companies such as PayPal, Google, and Square are launching a number of mobile payment services, in addition to the rapid expansion of the market's prepaid card sector.

Partnership activity is truly global as payment companies from around the world seek to gain a foothold in the global consumer payments market. In terms of companies, First Data, UnionPay, TSYS, and MasterCard remain at the forefront in this space.


  • Latest Products, Services, and Innovation
    • ABN Amro
      • Netherlands: ABN Amro to test biometric payments
    • American Express
      • US and China: American Express and CITIC Bank launch travel credit card
      • US: American Express launches Serve Cash Back account
    • Axis Bank
      • UAE: Emirates NBD collaborates with Axis Bank and Empays Payment for money transfers
    • Emirates NBD
      • UAE: Emirates NBD collaborates with Axis Bank and Empays Payment for money transfers
    • FIS
      • UK: Avidia Bank partners with FIS for cardless ATM withdrawals
    • MasterCard
      • US: MasterCard and First Tech Federal Credit Union to test biometric payments
    • State Bank of India (SBI)
      • India: SBI launches SBI Buddy mobile wallet app
    • Visa
      • Russia: Visa collaborates with QIWI for mobile payments
    • Developments up to August 20, 2015
    • Axis Bank
      • India: Axis Bank launches contactless multi-currency forex cards
    • Discover
      • US: Discover and Perk launch Perk Plastik prepaid debit card
    • HDFC Bank
      • India: HDFC Bank introduces online account opening facility and credit cards for startups in Kochi
    • Mashreq
      • UAE: Mashreq announces reward for school fee payments
    • MasterCard
      • Canada: MasterCard collaborates with TD Bank and Nymi for heartbeat-authenticated payments
    • PayPal
      • Canada: BlackBerry partners with PayPal for payments via BBM
      • UK: PayPal introduces NFC-enabled PayPal Here readers
    • SIX
      • Switzerland: SIX launches fintech incubator
    • UnionPay
      • South Korea: UnionPay International collaborates with BC Card to issue mobile QuickPass cards
    • Developments up to August 12, 2015
    • Barclays
      • UK: Barclays expands range of contactless payment devices
    • Computop
      • Global: Computop and ACI Worldwide partner to offer integrated online payments and fraud prevention service
    • Discover
      • US: Discover announces new rewards program for students
    • Ingenico
      • US: Ingenico to launch Telium Semi-Integrated payment service
    • MasterCard
      • US: MasterCard approves technology that provisions payment credentials to wearables
    • Planet Payment
      • South Africa: Planet Payment collaborates with Absa and CyberSource to launch Shop in Your Currency
    • Samsung
      • Global: Samsung to launch Smart TV payment service
    • SIX
      • Switzerland: SIX and Swisscom collaborate with major banks to launch Paymit
    • Visa
      • Brazil: Visa collaborates with payleven to launch prepaid credit card
      • India: Visa to test new mobile payment service
      • Middle East and Africa: Visa launches #NotATourist campaign for travelers
    • Vodafone
      • Portugal: Vodafone introduces new t-commerce service
      • UK: Vodafone trials QR code credit top-ups
    • Developments up to August 6, 2015
    • China UnionPay
      • South Korea: UnionPay International to offer discounts on online merchandise
    • Erste Group
      • Czech Republic, Romania, and Slovakia: Erste Group forms joint venture with Global Payments and CaixaBank
    • Global Payments
      • Czech Republic, Romania, and Slovakia: Erste Group forms joint venture with Global Payments and CaixaBank
    • HDFC Bank
      • India: HDFC Bank to set up micro-ATMs in rural areas
    • ICICI
      • India: ICICI Bank launches recharge facility for Delhi Metro card holders
    • ING
      • Netherlands: ING launches voice payments through mobile app
    • MoneyGram
      • US: MoneyGram offers bill payment service with mobile app
    • TSYS
      • Global: TSYS collaborates with Acquirer Systems to launch tool for EMV certification process
    • Vodafone
      • India: Vodafone supports Janani Suraksha Yojana scheme in Madhya Pradesh
    • Western Union
      • Haiti: Western Union allows remittances to fund renewable energy products
  • Latest M&A, Partnerships, and Organic Growth
    • American Express
      • US: Clearent to join American Express OptBlue program
    • Apple Pay
      • US: Square Cash launches updated Apple Watch app
    • Barclays
      • UK: Parkonomy to accept Pingit payments
    • Discover
      • Global: Discover and Elo collaborate for Elo Global card acceptance
      • US and South Korea: Discover to support Samsung Pay
    • Global Payments
      • US: Global Payments' OpenEdge to process EMV transactions
    • Interac
      • Canada: Interac and MaRS announce fintech partnership
    • MoneyGram
      • China: MoneyGram partners with Agricultural Bank of China
    • NCR
      • Europe: NCR provides payment platform to CCV
    • PayPal
      • UK: PayPal partners with Bouncepad to offer contactless payments
      • US: PayPal acquires mobile commerce startup Modest
    • Samsung
      • US: Discover to support Samsung Pay
      • US: Samsung joins Visa Digital Enablement Program to offer mobile payments
    • Square
      • US: Square Cash launches updated Apple Watch app
    • UnionPay
      • Sri Lanka: UnionPay International partners with Sampath Bank for UnionPay card acceptance
      • Thailand: Thailand adopts UnionPay as local chip card standard
    • Visa
      • India: Visa to build incubator for startups
      • US: Samsung joins Visa Digital Enablement Program to offer mobile payments
    • Vodafone
      • India: 11 firms receive payments bank license
    • Developments up to August 20, 2015
    • Apple
      • US: Bellco Credit Union supports Apple Pay
      • US: Columbia Bank supports Apple Pay
      • US: Pei Wei to offer Apple Pay payment option to customers
      • US: Rite Aid to accept Apple Pay and Google Wallet payments
      • US: Skyjet launches private jet booking app for iPhones
    • Google
      • US: Rite Aid to accept Apple Pay and Google Wallet payments
      • South Korea: Google partners with LG to launch Android Pay
    • MoneyGram
      • Iraq: MoneyGram introduces money transfer services
    • PayPal
      • Nigeria: Mall For Africa app to offer PayPal payment option to customers
    • UnionPay
      • Cambodia: UnionPay International partners with Canadia Bank for card issuance
      • Global: UnionPay International partners with Geoswift and Western Union Business Solutions to offer medical insurance to students
      • Maldives: UnionPay International signs agreement with Maldives Airport Company for card acceptance
      • Taiwan: UnionPay International partners with China Trust for UnionPay card acceptance
    • Visa
      • Asia: CyberSource partners with AirPay to improve payment services
    • Western Union
      • Eastern Europe: Western Union launches transactional websites
      • Global: UnionPay International partners with Geoswift and Western Union Business Solutions to offer medical insurance to students
    • Developments up to August 12, 2015
    • Apple
      • UK: InPlayer offers Apple Pay payment option to users
      • US: 40 more banks and credit unions support Apple Pay
    • Cardtronics
      • US: Cardtronics extends ATM services agreement with Speedway
    • JCB
      • Italy: JCB International signs payment processing agreement with SIA
      • Mexico: JCB partners with Banamex for card acceptance
    • PayPal
      • US: SemYou to offer PayPal as payment option to customers
    • Skrill
      • UK: Optimal Payments to complete acquisition of Skrill Group
    • Standard Bank of South Africa
      • South Africa: Diners Club signs contract with Proxama
    • Walmart
      • India: Walmart partners with Mobikwik to offer mobile payment option to members
    • Western Union
      • Canada: Western Union extends partnership with Cash Money
      • Greece: ELTA-Hellenic Post activates Western Union money transfer service
    • Worldline
      • Germany: Worldline extends its contract with Baden-Württembergische Bank for seven years
    • Developments up to August 6, 2015
    • American Express
      • US: American Express allows card holders to redeem reward points on BestBuy.com
    • Apple
      • UK: Apple Pay adds HSBC and First Direct to participating issuer portfolio
    • Cardtronics
      • US: Cardtronics renews partnership with Sunoco
    • China UnionPay
      • Taiwan: UnionPay International and Taiwan Cooperative Bank to increase UnionPay card and UnionPay QuickPass acceptance
    • Citi
      • India: Citibank collaborates with MasterCard to launch MasterPass
    • Digital River
      • Global: Digital River collaborates with Tenfu Tenmax to provide global payment services
    • Discover Financial
      • US: Diners Club International partners with Creditcall to increase card acceptance
    • HSBC
      • UK: Apple Pay adds HSBC and First Direct to participating issuer portfolio
    • JCB International
      • Mongolia: JCB and Bank of Mongolia sign agreement for T-Card JCB debit and credit card issuance
    • MasterCard
      • Canada: MasterCard to process TD Bank card transactions
      • Europe: Samsung Electronics partners with MasterCard for Samsung Pay
      • India: Citibank collaborates with MasterCard to launch MasterPass
      • US: MasterCard collaborates with Burger King to offer MasterPass
      • US: MasterCard expands MasterPass to travel industry
    • PayPal
      • Canada: PayPal and TransferTo partner to offer prepaid mobile top-up
      • UK: PayPal partners with Shell for mobile payment at service stations
      • US: PayPal and Subway partner for mobile fast food payments
    • Samsung
      • Europe: Samsung Electronics partners with MasterCard for Samsung Pay
    • Visa
      • US: Visa partners with Stripe for growth of online commerce
    • Wirecard
      • Germany: Wirecard to handle payments for Sparhandy.de
    • Worldpay
      • Global: Worldpay collaborates with Paymetric to launch payment platform
  • About This Product
    • The Consumer Payments Competitor Tracker provides insight into the latest developments worldwide
      • Each week, Verdict Financial tracks the most relevant announcements from over 170 competitors
      • Verdict Financial's Consumer Payments team provides analysis of the key developments each week
      • Delivery is through an interactive dashboard and written report
      • Stories from 2008-present can be downloaded from the dashboard
  • Appendix
    • Abbreviations and acronyms
    • Methodology
    • Further reading

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