"Increases in consumer spending and interest in technology foster a payments environment ready for continued innovation. Purchases via card are climbing, but consumers don’t feel totally comfortable leaving their house without cash. In a world where our lives are so digitized and move so quickly, financial institutions need to do more to allay security concerns; most consumers still do not feel comfortable embracing new forms of payment technology, including ...
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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.
Overview
Executive Summary
Key Players – What You Need to Know
What’s Working?
What’s Struggling?
What’s Next?
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
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.
A More Efficient Payments Process
The Consumer – What You Need to Know
How People Pay
P2P Payments – Why Do Consumers Still Use Cash?
Attitudes toward Payment Methods
Mobile Payments
Cards in the Digital Wallet
Increasing Mobile Payment Usage
Encouraging Mobile Payment Usage Among Non-users
Debt Management
Bill Payment
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 Analysis Methodology
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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Consumers are slow to adopt new payment methods
