The Prospect of Recession; Purchase Now, Pay Later (BNPL) Competitors, and Regulatory Scrutiny to Pose Future Threats

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Dublin, Jan. 24, 2023 (GLOBE NEWSWIRE) — The “2023 US Credit Card Market Outlook” report has been added to’s providing.

The 2023 Credit score Card Market Outlook report offers complete steerage on developments shaping bank card progress – together with co-branded and personal label playing cards, financial institution issuers, and card networks – and forecasts fee worth progress via 2026.

Bank cards have come out of the pandemic stronger than ever: Adoption charges, utilization frequency, and fee worth have every reached new highs – and continued fee worth progress is predicted. However a bunch of challenges await, together with utilization normalization and the prospect of recession; purchase now, pay later competitors; and regulatory scrutiny of key income streams.

Extra particularly, the report:

  • Developments and forecasts bank card fee worth by main fee community, together with bank cards, debit playing cards, client bank cards, and small enterprise bank cards.

  • Analyzes bank card utilization developments by fee community, together with commonplace, signature, small enterprise, and different card sorts, with demographic evaluation – and bank card utilization developments by financial institution issuer, with demographic evaluation.

  • Analyzes reward card developments, together with share of card spend total and sort of reward earned (money, factors, miles).

  • Developments co-branded and personal label bank card utilization by card sort/model, with demographic evaluation.

  • Developments and analyzes family debt and spending behaviour, together with mortgage delinquencies, the debt service ratio, lively bank card customers, share of client fee quantity and worth made by fee methodology, and general-purpose bank card fee worth share of client expenditures.

  • Developments and analyzes vital bank card metrics, together with account progress charges and utility charges, future utility intention, excellent bank card balances, and share of shoppers who revolve their bank card balances.

  • Identifies and analyzes bank card regulation ache factors, together with curiosity, late charges, and service provider charges.

  • Analyzes bank card innovation developments, together with journey and leisure portals, increasing credit score entry; developments in digital fee service utilization by Digital pockets, with demographic evaluation; and analyzed contactless fee utilization for digital wallets and playing cards, with demographic evaluation.

Corporations Featured:

  • VISA

  • AMEX

  • Wells Fargo

  • TD Financial institution

  • Goldman Sachs

  • Synchrony Monetary

  • American Categorical

  • Delta

  • Capital One

  • Kohl’s

  • PayPal

  • Venmo

  • Zelle

  • Apple Pay

  • Money App/Sq. Money

  • Google Pay

Key Matters Lined:

Chapter 1: Government Abstract

  • Scope of Report

  • Report Methodology

  • Market Overview

  • Macro Developments

  • Credit score Card Trade Drivers

  • Credit score Card Regulation Developments

  • Credit score Card Fee Worth Developments

  • Credit score Card Utilization Developments by Fee Community and Financial institution Issuer

  • Credit score Card Utilization Developments by Fee Community

  • Credit score Card Utilization Developments by Financial institution Issuer

  • Rewards, Co-Branded, and Non-public Label Credit score Card Utilization Developments

  • Credit score Card Innovation Developments

Chapter 2: Macro Developments

  • Staying Sturdy: Family Debt and Spending Developments

  • Family Debt Balances Above Pre-Pandemic Ranges by $2.4 Trillion

  • Delinquency Charges on Present Debt Rise

  • However Family Debt Service Ratio Stays Properly Under Nice Recession Ranges

  • However Spending Stays Strong

  • Card-Primarily based Spending Stays Sturdy

  • Journey Spending Passes Pre-Pandemic Ranges

  • Credit score Card Funds Lead the Shopper Fee Cost

  • Playing cards Are Extra Prevalently Used Than Money

  • Shoppers Use Credit score Playing cards for Extra Than One-Quarter of Their Funds

  • Credit score Card Greenback Share of Shopper Funds Surpasses Debit

  • Basic-Objective Credit score Playing cards Decide Up Shopper Spending Share

  • Digital Engagement Strengthens

  • On-line/Distant Funds Share on the Rise

  • Different Funds: An More and more Aggressive Menace

  • Credit score Card Issuers Undertake Fee Flexibility Options to Adapt

Chapter 3: Credit score Card Trade Drivers

  • Count on Normalization

  • U.S. Quarterly Credit score Card Account Development Plateaus

  • Credit score Card Utility Developments Stay Sturdy

  • Utility Charges Soar Above Pandemic Lows

  • Excessive-Fico Skew

  • Future Utility Intention Bodes Properly for Demand

  • Credit score Card Balances and Delinquencies Bounce in 2022

  • The Card Revolver State of affairs

  • Shopper Revolving Habits

  • Credit score Card Revolving Habits: Demographics

Chapter 4: Credit score Card Regulation Developments

  • Credit score Card Curiosity on the Chopping Block?

  • Credit score Card Late Charges within the Crosshairs

  • Credit score Card Competitors Act May Strain Community Charges

  • CFPB Research the Affect of Card Line Decreases

Chapter 5: Credit score Card Fee Worth Developments

  • Basic-Objective Credit score Card and Debit Card Fee Worth Developments

  • Credit score Card Fee Worth Share Holds Regular

  • Explosive 2022 Credit score Card Development

  • And Document Service provider Payment Income

  • Basic-Objective Credit score Card and Debit Card Fee Worth Forecast

  • Beware Regulation That Can Dampen Future Credit score Card Development

  • Basic-Objective Card Fee Worth by Community: Visa Maintains 50% Share

  • Basic-Objective Fee Worth Developments: Shopper Vs. Industrial

  • Shopper Credit score Card Fee Worth Share Grows

  • Visa: Shopper and Industrial Shopper Credit score Card Fee Worth Chief

  • Small Enterprise Credit score Card Fee Worth Surpasses $750 Billion

  • Visa Small Enterprise Credit score Playing cards Improve Lead Over American Categorical

Chapter 6: Credit score Card Utilization Developments by Fee Community and Financial institution Issuer

  • Basic-Objective Credit score Card Utilization Developments, by Community

  • Trending within the Proper Course

  • Customary Playing cards Varieties Predominate

  • Basic-Objective Credit score Playing cards Demographics by Community

  • Chase Tops Financial institution Issuers

  • Extra Than a Quarter of U.S. Adults Have at Least One Chase-Branded Credit score Card

  • Credit score Card Possession Demographics Amongst Main Issuers

  • Chase, Citibank, and American Categorical Cardholders Skew Most to Larger Family Incomes

  • Who Have a Credit score Card in Their Personal Identify)

  • Wells Fargo, Td Financial institution, and Goldman Sachs Financial institution Rating With Gen Z

  • Hispanic and Black Card Possession is Much less Probably – With Exceptions

Chapter 7: Rewards, Co-Branded, and Non-public Label Credit score Card Utilization Developments

  • Credit score Playing cards Are on a Roll

  • Taking a Chunk Out of Money

  • Utilization Penetration Surpasses Pre-Pandemic Ranges

  • Half of Credit score Card Customers Have at Least Three Playing cards

  • Credit score Card Rewards Make the World Go Spherical

  • Rewards Playing cards Generate 90% of Basic-Objective Card Spend

  • Deep Subprime Scorers Are on the Bandwagon

  • New Redemption Improvements

  • Sprucing Up Journey and Leisure Rewards and Perks

  • Money is King

  • Money-Again Playing cards Additionally Trump Factors and Miles Playing cards on Adoption

  • Money for Crypto?

  • Crypto Playing cards

  • Co-Branded Credit score Playing cards Climate the Storm

  • Three in 10 Shoppers Have a Co-Branded Credit score Card; Division Retailer Playing cards Falter

  • Division Retailer and Low cost Retailer Co-Manufacturers Undergo Longer-Time period Declines

  • Co-Branded Cardholder Demographics

  • Synchrony Monetary Reviews Continued Development

  • American Categorical Rides Delta Energy

  • Capital One Makes Its Strikes

  • Wells Fargo Retains Non-public-Label Credit score Card Unit – for Now

  • Digital Co-Manufacturers Are the Playing cards to Beat

  • Non-public-Label Credit score Playing cards Face Continued Challenges

  • High Card? Kohl’s Cost

  • However Utilization Declines Amongst High Non-public-Label Playing cards Proceed

  • 5-Yr Pattern: Goal Card Goes Towards the Grain

  • Non-public Label Cardholder Demographics

  • Retailer Loyalty Applications More and more Separate from Non-public Label Enrollment

  • Main Non-public Label Credit score Card Issuers Are Diversifying into Larger-Development Areas

  • Occasions Are Robust: Victoria’s Secret and Kohl’s Go Cobrand

Chapter 8: Credit score Card Innovation Developments

  • The Energy of Journey and Leisure Portals

  • American Categorical: a Pioneer Continues to Innovate

  • However the Portal Area is Getting Crowded

  • Amex Provides a Twist

  • Increasing Credit score Entry

  • BNPL and Credit score Playing cards Lead the Manner

  • Skinny File? There is a Credit score Card for You

  • Secured Playing cards Having fun with a Renaissance?

  • Seamless Improve to Unsecured Card

  • No Credit score Rating, No Downside

  • Constructing Credit score as a Household

  • Mushy Credit score Historical past Pulls That Do not Ding Your Credit score Rating

  • Digital Fee Companies Achieve Traction – Credit score Playing cards Left Behind

  • Paypal Stays on High – However Opponents Are Gaining Floor

  • Digital Fee Service Person Demographics

  • Credit score Playing cards Lag Different Cellular App Funding Strategies – However It Varies by App

  • Contactless Card Issuance and Adoption

  • Contactless Pockets and Card Person Demographics

  • Appendix

  • Market Measurement and Forecast Methodology

  • Definitions

For extra details about this report go to

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