Consumer Payments Country Snapshot: Norway 2016

Publisher Name :
Date: 13-Oct-2016
No. of pages: 38

Summary

The card reigns supreme in Norway, with only 6% of the population using cash on a daily basis and most possessing a minimum of two payment cards. And although the market is one of the most mature in the world, further growth is expected for both pay-now and pay-later cards.

Key Findings


  • Nearly half of all credit card balances are revolved each month. Income from balance-related interest and fees make the market profitable, as does the low churn rate.

  • Online shopping is well established in Norway, and the NOK112bn spent in 2015 is set to double over the next five years.

  • The rollout of contactless and NFC-enabled payment terminals has been slow in Norway, but consumers are interested in the technology - they just don't know where it can be used.


Synopsis

Verdict Financial's "Consumer Payments Country Snapshot: Norway 2016" report examines the consumer payments market in Norway, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. This report also examines the regulations in force in the market that players must comply with, and how these have changed in recent years.


  • Analyzes consumer attitudes to financial services by life stage.

  • Analyzes the major payment card types in terms of both card holding and usage

  • Identifies the major competitors in card issuing and how their position in the market has changed over the last five years

  • Considers consumer attitudes towards prepaid cards, P2P tools, mobile payment tools, and contactless cards, and how companies in Norway are deploying these tools to meet customer needs

  • Explores the online payment market in Norway by merchant type and payment tool, as well as providing a five-year forecast for the development of the market.

  • Considers the regulations affecting the payments market and how they are likely to affect both incumbents and disruptors.


Reasons To Buy


  • Understand the key facts and figures in the consumer payments market in Norway.

  • Learn what trends drive consumer behavior at the macro level and plan your strategy accordingly.

  • Find out what products the major competitors are launching in the market.

  • Discover consumer sentiment towards various payment tools in the Norwegian market and use this knowledge to inform product design.

  • Learn about the key regulatory requirements affecting Norwegian payments players and any recent or upcoming changes to those requirements.


Companies Mentioned


  • Sparebank 1 Gruppen

  • Visa

  • BankAxept

  • Mastercard

  • American Express

  • Diners Club

  • DNB

  • SEB Kort

  • Nordea

  • Paygoo

  • Gavekort

  • Eika Gruppen

  • Easipay

  • Auka

  • mCash

  • Danske Bank

  • Handelsbanken

  • Telenor

  • TeliaSonera

  • Tele2

  • Nets

  • Interac

  • UL

  • Carta

  • Apple

  • Samsung

  • Sony

  • Valyou

  • Klarna

  • Trustly

  • Bankaxess

  • Swedbank

Consumer Payments Country Snapshot: Norway 2016

Table of Contents

Megatrends
Proximity Payments
Remote Payments
Payments Infrastructure And Regulation
Appendix

  • Global Credit Insurance Market by Manufacturers, Countries, Type and Application, Forecast to 2022
    Published: 12-Jul-2017        Price: US 3480 Onwards        Pages: 120
    Trade credit insurance or credit insurance is an insurance policy and a risk management product offered by private insurance companies and governmental export credit agencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy. Credit insurance product is a type of property and casualty insurance.Scope of the Report:This report focuses on the Credit Insurance in Global market, ......
  • Impact Investing Market by Illustrative Sector (Education, HealthCare, Housing, Agriculture, Environment, Clean Energy Access, Climate Change, Financial Inclusion, Rural Development, Sanitation & Waste Management), and Country - Global Forecast to 2020
    Published: 11-Jul-2017        Price: US 5650 Onwards        Pages: 100
    The global Impact investment market is estimated to be valued at USD 135 billion in 2015 and is expected to grow at a CAGR of 17.86 % during the forecast period to reach to USD 307 billion by 2020. The key factors driving the growth of this market include increasing interest from traditional not-for-profit fund managers, supportive government policies by offering tax breaks and reliefs and launch of various social impact bonds and impact investing platform in different countries. US is the la......
  • Asia-Pacific Triennial OTC Derivatives Market by Manufacturers, Regions, Type and Application, Forecast to 2022
    Published: 11-Jul-2017        Price: US 4480 Onwards        Pages: 116
    This report studies the Triennial OTC Derivatives market, Triennial OTC Derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic OTC Options- and other exotic derivatives - are almost always traded in this way.Scope of the Report:This report focuses on the Triennial OTC Derivatives in Asia-Pacific market, especially in C......
  • Global Credit Insurance Market Size, Status and Forecast 2022
    Published: 05-Jul-2017        Price: US 3300 Onwards        Pages: 107
    This report studies the Credit Insurance market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions, and splits the Credit Insurance market by product and Application/end industries. Global Credit Insurance market is expected to grow at a CAGR of 2% from 7.6 billion USD in 2016 to reach 8.56 billion USD by 2022. Demand for credit insurance continues......
  • The Future of Artificial Intelligence in Banking
    Published: 28-Jun-2017        Price: US 5250 Onwards        Pages: 35
    Artificial Intelligence (AI) has reached the stage where it is sufficiently advanced and affordable to warrant practical implementation in financial services. Banks are busy exploring ways in which they can harness the power of AI to streamline internal processes and improve the customer experience. This report will explore what AI applications are relevant in banking at this time, examine where AI is already making an impact, and offer recommendations on how banks should proceed. Sev......
  • Europe Triennial OTC Derivatives Market by Manufacturers, Countries, Type and Application, Forecast to 2022
    Published: 19-Jun-2017        Price: US 4480 Onwards        Pages: 116
    This report studies the Triennial OTC Derivatives market, Triennial OTC Derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic OTC Options- and other exotic derivatives - are almost always traded in this way. Scope of the Report: This report focuses on the Triennial OTC Derivatives in Europe market, especially i......
  • UK Pensions Market 2017
    Published: 09-Jun-2017        Price: US 3450 Onwards        Pages: 52
    UK Pensions Market 2017 Summary Pre- and post-retirement markets have seen some big changes over the last few years. The state pension has been changed from a two-tier to a flat-rate model to relieve pressure on the government, as the UK population is aging and individuals are living longer. Auto-enrolment will continue to be a big driver of growth in work- and trust-based pensions, as will buyouts as employers look to de-risk. By February 2018, all businesses will have......
  • North America Triennial OTC Derivatives Market by Manufacturers, Countries, Type and Application, Forecast to 2022
    Published: 18-May-2017        Price: US 4480 Onwards        Pages: 116
    This report studies the Triennial OTC Derivatives market, Triennial OTC Derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic OTC Options- and other exotic derivatives - are almost always traded in this way. Scope of the Report: This report focuses on the Triennial OTC Derivatives in North America market, espec......
  • United States Triennial OTC Derivatives Market by Manufacturers, States, Type and Application, Forecast to 2022
    Published: 18-May-2017        Price: US 4480 Onwards        Pages: 116
    This report studies the Triennial OTC Derivatives market, Triennial OTC Derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic OTC Options- and other exotic derivatives - are almost always traded in this way. Scope of the Report: This report focuses on the Triennial OTC Derivatives in United States market, to sp......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs