Netherlands Cards And Payments Market

Netherlands Cards And Payments Market Size (2024 to 2029)

Market Data Forecast’s "Netherlands Cards And Payments Market" report offers a distinct range of possibilities in the market of payment cards along with the accurately validated statistics of operational cards in the market and their total transactional values. It suggests profitable marketing strategies considering the competitive landscape in the market, purchase trends, payment options in online trade and significant government frameworks impacting the overall payment card market of the Netherlands.

Our report kindles the hidden opportunities with dependable information about different types of cash transactions, volumes of cardholders, market proportion, current accounts, increase within the number of cards, credit cards outstanding balances, transactional values, details of the issuers at the side of available banking schemes and futuristic analysis of overall cards and payment marketplace in the Netherlands.

Netherlands Cards and Payments Market Key Highlights

The development of infrastructure for real-time instant payments by the Dutch Payment Association to provide instant fund transfers within five seconds with no amount limit by integrating with all major banks in the Netherlands, which is scheduled to be ready by May 2018.

The demand growth for alternative payment solutions forced the banking and payment service providers to launch new products like the mobile wallet by de Volksbank offering NFC-based mobile payments at POS terminals, the wallet by G+D Mobile Security, supporting payments of both Visa and Mastercard debit cards of the bank, ABN Amro's digital ABN wallet, Seqr by Swedish m-payment solution provider Seamless, and the ING mobile wallet by ING Bank.

The growing adoption of contactless payments, which is increased by five times from 2015 to 2016 with almost two-thirds of all the payment terminals of the Netherlands accepting these payments and supposed to get full hold by 2020. Banks like Rabobank have partnered with mobile operator KPN to launch an NFC-based mobile payment option to benefit from this migration.

Some of the Dominating players in the Market

1. ING Bank
2. RaboBank
3. ABN Armo
4. DE Volksbank

Key Questions Answered by the Report

• What is the market size of the Netherlands Cards and Payments market?
• What are the major operators and issuers in the Netherlands?
• What is the current state of emerging payment technologies?

Reasons to Purchase this report

• Track key industry trends, opportunities and threats related to the Netherlands cards and payments industry and each market within it.
• Gain insights into the competitive landscape of card issuers for both, debit cards and pay later cards.
• Gain insights into marketing strategies used by market players for various card types in the Netherlands.
• Gain insights into key regulations governing the Netherlands cards and payments market