"The payment industry is undergoing massive changes, driven primarily by new technology that is affecting all aspects of the industry. There is a huge difference in payment preferences and expectations among generations, with younger generations shying away from the credit cards older generations love and embracing other methods of payment."
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Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Executive Summary
Market
Market
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
The Market – What You Need to Know
Market Size and Forecast
Market Factors
Consumer
Consumer
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
The Consumer – What You Need to Know
Who Owns Cards?
How People Pay
Changes in Payment Methods
Attitudes toward Credit Cards
Who Uses Mobile Payment Systems
Encouraging Consumers to Use Mobile Payment Systems
Attitudes about Payment Methods
Method of Bill Paying
Brand/Company
Brand/Company
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Key Players – What You Need to Know
What’s Working?
What’s Struggling?
What’s Next?
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Appendix – Data Sources and Abbreviations
Appendix – CHAID Methodology
Appendix – Key Driver Analysis Methodology
Appendix – The Consumer
18th July 2017
"The use of cash is in decline, and Visa recently announced an initiative to speed the decline along. But will small food vendors really prohibit customers from paying cash -- especially if it costs them more in transaction fees -- in order to take the $10,000 payment from Visa?" 
5th April 2017
"P2P payments have gotten a lot of press recently and their popularity continues to climb. A battle is now brewing as banks have launched Zelle, a mobile payment system designed to target PayPal-owned Venmo. Will the advantages Zelle offers be enough to convince Venmo users to switch and new P2P ...
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Fewer Millennials have credit cards
