UK Plastic Cards 2007 provides an overview of the key trends and issues facing the UK card market. Intense competition, regulatory compliance and rising, rising interest rates and increases in bad debt levels have all challenged issuers in 2006. This report provides in depth coverage of these and other issues, along with full data for the credit, charge, debit, and private label card markets.

Scope

This report provides full market data for the UK credit, charge, debit, and private label card markets for the period 1997-2006. Competitor market share data for the credit card market is provided, by cards in issue and balances outstanding, for the period 2002-2006. Covers key areas including the non-standard market, regulatory changes and changes and the threat of debit to the credit card market. Forecasts for the credit, debit, charge, and private label markets are provided for the period 2007-2011.

Highlights

The total value of transactions made on charge, credit, debit and private label cards once again grew in 2006, reaching £511 billion, an increase of 10% from 2005. Tithe main driver of this growth was increased activity in the debit card sector. At the end of 2006, 87% of all payment cards in issue in the UK were either credit or debit cards, with credit cards accounting for 44% of the total market. This share of the market has grown from 40% in 2002 The non-standard segment has seen significant growth in the UK. At the end of 2006, it is estimated that the number of non-standard cards in the UK stood at 5.6 million, making up 8.0% of the overall market

Reasons to Purchase

Learn about all the latest developments in the UK payment card market from this comprehensive and concise report Understand how the market is being altered by regulatory change and macroeconomic uncertainty Get ahead of the competition by using Datamonitor's market forecasts, including credit card market forecasts for different economic scenarios.