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Credit Card Issuance in the UK
IBISWorld, Dec 2011, Pages: 29
Credit Card Issuance in the UK
The industry deals with issuance of credit and charge cards to businesses and consumers, which provides a line of credit or cash advance to use for purchases. Credit card balances roll over month to month. The balances can be repaid in full or on an instalment basis. Charge card balances must be paid in full monthly. Cards are not issued directly by Visa, MasterCard, Diners Club or American Express; instead, these companies provide the transaction processing networks.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Executive Summary
Credit culture: Credit cards continue to grow in popularity as the preferred payment method
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