The Future of Payments: Prepaid cards, contactless and mobile payments

Table of Contents

• Market context: The US and Europe
• Market context: Asia Pacific and pre-paid cards
• The future of co-branded cards
• Contactless payments
• Mobile payments

• Summary

• Introduction
• Prepaid cards
• Contactless payments

• Market issues
• SEPA

• Future strategies
• Payments fraud

• Summary

• Introduction
• Definitions
  • Affinity cards
  • AAGR
  • Balances outstanding
  • Branded prepaid cards
  • CAGR
  • Co-branded cards
  • Private-label cards
• Prepaid cards
• Pre-paid markets
• The European market vs the US and Japan
• The youth market
• Corporate market
• Unbanked customers

• Conclusions
• Teen market
• Corporate and government sectors

• Summary
• Market context
• Loyalty schemes
• Types of co-branded card programs
• Benefits to card issuers of co-branded programs
• Benefits to merchants of co-branded card programs
• Risks

• Conclusions
• Product differentiation
• Co-branding relationships
• Market share in growing markets
• Co-branding profitability
• High costs

• Summary
• Market context
• Market sizing
• Conclusions
• Potential obstacles and solutions
  • Interoperability
  • Security
  • Cost
• The future
  • The Americas
  • Asia-Pacific
  • Europe

• Summary
• Defining mobile payments
• Market context
• Costs and risks
• Market drivers

• mPayment trials
• Mobipay - Europe' s great mPayment success story?
• NTT DoCoMo - turning the mobile phone into a contactless e-wallet
• The collapse of Simpay
  • Problem 1: Premium SMS is a highly inflexible means of payment
  • Problem 2: A lack of common standards makes life difficult for merchants and restricts cross-border sales

• Conclusions
• Payment and billing structures
• Interoperability and acceptance
• The cost of accepting mPayments
• The future

• Index

• Figure 1.1: European retail banks' payment project priorities
• Figure 1.2: European retail payment players
• Figure 1.3: Retail banks' fraud priority areas
• Figure 2.4: Prepaid cards have their place in the current payment card landscape
• Figure 2.5: Asia-Pacific target youth market, 2007
• Figure 3.6: Defining card partnership models
• Figure 3.7: Combining brand and expertise in a co-branding relationship
• Figure 4.8: Global market opportunity for contactless payments
• Figure 5.9: Cash is the dominant payment mechanism for transactions up to the value of £10.00 in the UK
• Figure 5.10: NTT DoCoMo has taken the traditional mobile phone proposition and added extra functionality 101
• Figure 5.11: Applications for mobile payments 111

• Table 2.1: Forecast prepaid card spend by country ($bn), 2010
• Table 2.2: Asia-Pacific target youth market (0-17 years), 2007
• Table 2.3: Youths and their aspirational ages
• Table 3.4: forecast for pay later card numbers across five markets, 2006- 2010
• Table 5.5: The aspects of the mPayment value chain that interested parties are keen to secure or avoid