|
|
|
Latvian Cards and Payments Market Provides Detailed Insights into Essentials of the Segment: Ken Re by Ankur Gupta
|
|
|
Latvian Cards and Payments Market Provides Detailed Insights into Essentials of the Segment: Ken Re by ANKUR GUPTA
|
|
Article Posted: 09/05/2016 |
Article Views: 157 |
Articles Written: 1063 - MORE ARTICLES FROM THIS AUTHOR |
Word Count: 561 |
Article Votes: 0 |
|
Latvian Cards and Payments Market Provides Detailed Insights into Essentials of the Segment: Ken Re |
|
|
|
Business
|
|
• Incorporates in depth analysis and numerical for present and expected players in the market including segments like credit, debit and charge cards • Timetric’s Comprehensive report on payments structure of the economy and its alternative payment devices Ken Research published a report on ‘The Cards and Payments Industry in Latvia: Emerging Trends and Opportunities to 2020’ which discusses data on Latvian cards and payments industry using empirical analysis on major product type like debit cards and credit cards, by, market proportion of main companies, online commerce trends. The report puts forward how the new and existing players can use this information on dynamics of the financial sector in Latvia to gain an edge in the market. Additionally, growth strategies have also been covered, keeping in mind all the steps that the Latvian government and the central bank have taken to ensure healthy survival of cards and payments industry. The Latvian economy has sustained exceptionally high GDP growth and decline rates in the past and retains its position in the list of top notch countries having highest human development index. Economic expansion and monetary expansion often go hand in hand and henceforth, the increase in methods of making payments. As a consequence of reduced amount of money balances held by the public in the country, the income velocity of money overshoots the equilibrium. Inevitable shocks cause to the money supply follow, leading to the economy bouncing between crests and troughs. This leaves the central banks and the governments in a tough situation to curb these shocks to anchor the fluctuations in the economy. As Latvia’s economy and Cards and Payments industry continues to strive to grow, the issuers can analyze the environment in the industry to make the most of the incentives provided by the regulatory organizations. These players should target to make their organization well adaptable to the recent policy changes in the economy’s competitive landscape. These firms can aim those consumers who prefer to keep up with the joneses to keep themselves profitable. It can provide lengthened strategy suggestions that will respond well to this continuously changing arena of the payments industry. The ‘ought to be targeted’ customer base would be the one that risk loving or risk neutral in order to make sure that this target is permanent. The issuer can therefore cater to the needs, attitudes and preferences of this segment towards charge, debit and credit cards. The report delivers detailed analysis of the market trends in the Latvia. It gives value and volume numbers of diverse performance parameters in the market, including payment cards, check payments, cash transactions, direct debits and credit transfers for the period 2011-2015. It has the data on the number of circulated cards in the economy, and the volume of transactions over the expected period from 2016-2020, the dynamics of competition including the market share of issuers and schemes made available and policy and regulatory regimes put in place. Key Topics Covered in the Report: • Value and Volume analysis of the Latvian Cards and Payments market • Detailed Issue Scenario and the Regulatory Framework • Consumer Trend Framework • Segment definitions and analysis • Details of strategies used by leading issuers in Latvia • Analysis of e-commerce in Latvia • Key drivers to influence Payments industry To know more, click the link below: https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/cards-payments-industry-latvia-emerging/23552-93.html Related Reports: https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/consumer-market-insights-feminine-hygiene-market-uae/10963-95.html https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/consumer-market-insights-skincare-mexico/11179-95.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
Related Articles -
Latvian Cards and Payments market share, Payments market in Latvia, Debit Cards Market Latvia,
|
Rate This Article |
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
Reader Opinions |
|
|
|
|
|
|
|
|
Author Login |
|
|
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
SUSAN FRIESEN
Located in the lower mainland of B.C., Susan Friesen is a visionary brand strategist, entrepreneur, ...more
|
|
|
|
|
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
|
|
|
|
SHALINI MITTAL
A postgraduate in Fashion Technology. Shalini is a writer at heart! Writing for her is an expression...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
JAMES KENNY
James is a Research Enthusiast that focuses on the understanding of how things work and can be impro...more
|
|
|
|