Payments Landscape in Kenya: Opportunities and Risks to 2021

Publisher Name :
Date: 12-Feb-2018
No. of pages: 45
Inquire Before Buying

Payments Landscape in Kenya: Opportunities and Risks to 2021

Summary

GlobalData's "Payments Landscape in Kenya: Opportunities and Risks to 2021", report provides detailed analysis of market trends in Kenyan cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, payment cards, and cheques during the review-period (2013-17e).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.

This report provides top-level market analysis, information and insights into the Kenyan cards and payments industry, including -

- Current and forecast values for each market in the Kenyan cards and payments industry, including debit and credit cards.

- Detailed insights into payment instruments including cash, cheques, and payment cards. It also, includes an overview of the country's key alternative payment instruments.

- E-commerce market analysis and payment methods.

- Analysis of various market drivers and regulations governing Kenyan cards and payments industry.

- Detailed analysis of strategies adopted by banks and other institutions to market debit and credit cards.

Scope

- In February 2017, Kenya Bankers Association (KBA) announced the launch of PesaLink, a real-time interbank money transfer system. The service enables individuals to transfer a minimum of KES10 ($0.10) and a maximum of KES999,999 ($9,681) instantly 24 hours a day, seven days a week, 365 days a year. No charges are applicable for transactions up to KES500 ($4.80), after which a charge of KES11 ($0.10) is levied on every transaction. Transfers can be initiated via multiple channels, including mobile banking, internet banking, branch front offices, ATMs, banking agents, and POS terminals. The service is currently offered by all of the country's major banks.

- Alternative payments are gaining prominence in the country with the availability of a number of payment solutions. To maintain its dominance in the market, M-Pesa expanded its service in May 2017 to include NFC-based in-store payments. The new service, M-Pesa 1Tap, allows users to make payments by tapping a card, mobile phone sticker, or wristband device that is connected to their M-Pesa account onto a contactless POS terminal. To compete with M-Pesa, Visa collaborated with a number of banks to launch its mobile payment solution mVisa in Kenya in September 2016. The solution allows users to access funds and make both online and in-store payments. Consumers can also withdraw funds from their bank accounts through mVisa agents. In February 2017, Mastercard launched Masterpass QR, an enhancement of its Masterpass platform.

- To curb cash transactions and money laundering, in January 2016 the Central Bank of Kenya mandated that all Kenyan individuals must fill in a special form if they deposit or withdraw more than KES1.0m ($10,000) from a bank account. Individuals must state the details of the transaction, including the source of funds, recipient/payee credentials, and the purpose of the transaction. They also have to state the reason for not using another electronic transfer option. The move is designed to enhance the traceability of bank transactions and help boost electronic payments in the country.

Reasons to buy

- Make strategic business decisions, using top-level historic and forecast market data, related to the Kenyan cards and payments industry and each market within it.

- Understand the key market trends and growth opportunities in the Kenyan cards and payments industry.

- Assess the competitive dynamics in the Kenyan cards and payments industry.

- Gain insights into marketing strategies used for various card types in Kenya.

- Gain insights into key regulations governing the Kenyan cards and payments industry.

Payments Landscape in Kenya: Opportunities and Risks to 2021

Table of Contents
Market Overview
Executive Summary
Card-based Payments
E-commerce Payments
Alternative Payments
Payments Infrastructure & Regulation
Appendix

  • HNW Targeting and Retention Strategies
    Published: 30-May-2018        Price: US 5250 Onwards        Pages: 57
    HNW Targeting and Retention Strategies Summary "HNW Targeting and Retention Strategies", report analyzes and sizes key segments of the global HNW market, and provides detailed recommendations how to best target and service these individuals. The report also provides a detailed discussion on the effectiveness of different HNW client retention strategies. It is based on our proprietary Global Wealth Managers Survey. 48% of HNW individuals are professionals, m......
  • 2018: Key Trends in Retail Banking
    Published: 23-May-2018        Price: US 5250 Onwards        Pages: 24
    2018: Key Trends in Retail Banking Summary Several trends will drive developments in retail banking in 2018, including factors as diverse as changes to the regulatory environment, the development of open banking, improvements in digital servicing, and the reconfiguring of branch networks. This report identifies seven key trends that will shape the retail banking market in 2018, to which providers will need to respond and adapt. It offers insight into - ......
  • Payments Landscape in Slovakia: Opportunities and Risks to 2021
    Published: 15-Feb-2018        Price: US 2750 Onwards        Pages: 49
    Payments Landscape in Slovakia: Opportunities and Risks to 2021 Summary GlobalData's "Payments Landscape in Slovakia: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Slovakian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, payment cards, credit transfers, direct debit, and cheques during the review-period (2013-17e). The......
  • UK Consumer Credit 2017: Forecasts and Future Opportunities
    Published: 15-Feb-2018        Price: US 3450 Onwards        Pages: 34
    UK Consumer Credit 2017: Forecasts and Future Opportunities Summary "UK Consumer Credit 2017: Forecasts and Future Opportunities", report offers five-year gross lending forecasts for all major lines of consumer credit up to 2021, along with a detailed examination of the various demand- and supply-side factors that will determine the market outlook. The rate of growth in consumer credit gross advances, which picked up in 2015, has slowed and year-end f......
  • UK Insurance Aggregators 2018
    Published: 13-Feb-2018        Price: US 3450 Onwards        Pages: 45
    UK Insurance Aggregators 2018 Summary "UK Insurance Aggregators 2018", report explores consumer purchasing behavior through price comparison sites and how it is changing. It discovers what is most influential to customers when selecting a policy through the channel and reveals the brand strategies of the four leading sites. Their distinct approaches to advertising are also highlighted, as well as key factors that will influence the market over the coming years - inc......
  • Fostering Trust in Insurance
    Published: 13-Feb-2018        Price: US 1295 Onwards        Pages: 22
    Fostering Trust in Insurance Summary "Fostering Trust in Insurance", report takes a look at the concept of trust and its growing importance to consumers - and by extension to insurance propositions - in an era of GDPR-led data protection and a digital, connected world. The report discusses not only the extent to which trust is sought by consumers, but highlights two key routes to achieving trustworthiness within the insurance market, including case studies of brands......
  • The Future of Bermuda Real Estate and Rental Markets to 2025
    Published: 12-Feb-2018        Price: US 1800 Onwards        Pages: 70
    Bermuda Real Estate and Rental of USD XX million in 2017 is expected to increase to USD XX million by 2022, at a CAGR of XX%. Driven by surge in market conditions and technological advancements, the Real Estate and Rental has witnessed strong growth in terms of sales. The country's Electronic communication industry has strong growth potential across the market. In terms of investment opportunities and product sales, the sector is offering strong growth prospect......
  • Super League In-Depth Analysis: Julius Baer 2017 - Tracking the world's major competitors in wealth management
    Published: 09-Feb-2018        Price: US 1295 Onwards        Pages: 34
    Super League In-Depth Analysis: Julius Baer 2017 - Tracking the world's major competitors in wealth management Summary "Super League In-Depth Analysis: Julius Baer 2017", competitor profile is a comprehensive analysis of Julius Baer's operations. It offers insight into the company's strategy, financial results, and marketing activities. It also covers recent merger and acquisition (M&A) activity, customer targeting, and product innovation. Headquarter......
  • Super League In-Depth Analysis: Citi Private Bank 2017 - Tracking the world's major competitors in wealth management
    Published: 09-Feb-2018        Price: US 1295 Onwards        Pages: 30
    Super League In-Depth Analysis: Citi Private Bank 2017 - Tracking the world's major competitors in wealth management Summary "Super League In-Depth Analysis: Citi Private Bank 2017", is a comprehensive analysis of Citigroup's private banking operations. It offers insight into the company's strategy, financial results, and marketing activities. It also covers recent merger and acquisition (M&A) activity, customer targeting, and product innovation. Citi......
  • 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