In this rapidly changing market, MONEYCORE has carried out an analysis of the panorama of existing means of payment and their potential for development in the short and medium term.
The opening up of cross-border markets has given impetus, with all the players (national and non-national, banking and non-banking PSPs, EMEs, VSE manufacturers, fleet managers, specialised telecom operators, major retailers) concerned, and under the aegis of the public authorities, to a dynamic of projects for national and international ambitions in terms of means of payment. In a competitive environment, the aim is to respond to the profound and rapid changes in the needs of consumers, businesses and trade.
The aim is to foster industrial and commercial innovation and to increase the competitiveness of the financial sector and the economy as a whole. This is to ensure the security of payments and the promotion of efficient business models that would reduce the costs of payment services.
Indeed, both national players and banks would seek to maintain their market shares by redefining their service offers to consumers. On the other hand, new entrants would seek to gain market share by developing and offering new and attractive products and services.
In this fast-changing market, MONEYCORE, as a consulting firm specialising in electronic banking and means of payment, analyses the panorama of existing means of payment and their potential for development in the short and medium term.
The identification of significant innovations in terms of services offered to merchants and porters on a national and international scale is the leitmotif of this study.
This report aims to define the major challenges, identify opportunities and shed light on the different development scenarios expected around new payment methods.
This study will illustrate the existing traditional means of payment with an emphasis on recent means of payment resulting from the latest technological and industrial developments in France and abroad.
