Switzerland Cards and Payments Market Opportunities and Risks Analysis Report 2025-2029: Instant Payment System SIC5 Revolutionizes Swiss Financial Transactions
Discover the latest trends in the Switzerland cards and payments market with the 'Switzerland Cards and Payments: Opportunities and Risks to 2029' report. Explore detailed market analysis, forecasts, consumer insights, and new regulatory frameworks. Navigate opportunities and risks to make strategic decisions.
Dublin, May 23, 2025 (GLOBE NEWSWIRE) -- The "Switzerland Cards and Payments: Opportunities and Risks to 2029" has been added to ResearchAndMarkets.com's offering.
The report offers an in-depth analysis of market trends within Switzerland's cards and payments industry. It provides detailed values and volumes across key performance indicators, encompassing cards, credit transfers, cash, direct debits, and cheques for the period 2020-24e.
This comprehensive examination extends to various payment card markets, offering insights on the number of cards in circulation as well as transaction values and volumes through both the review-period and forecast-period (2025f-29f). Additionally, the report sheds light on Switzerland's competitive landscape, detailing market shares of issuers and schemes.
Leveraging the analyst's research, modeling, and expertise, the report is a valuable resource for banks and card issuers aiming to understand segment dynamics and gain competitive advantages. It delves into relevant regulatory policies and recent changes within the regulatory framework.
The 'Switzerland Cards and Payments: Opportunities and Risks to 2029' report provides top-level market analysis, insights, and information, including:
Current and forecast values for each market in the industry, covering debit, credit, and charge cards.
Comprehensive insights into payment instruments like cards, credit transfers, cash, direct debits, and cheques, alongside an exploration of key alternative payment instruments.
In-depth ecommerce market analysis.
An analysis of market drivers and regulations affecting the industry.
Examination of strategies employed by financial institutions to market debit, credit, and charge cards.
Insightful analysis of consumer attitudes and card usage preferences.
A detailed overview of the industry's competitive landscape.
Key Highlights
The SIC5 Instant Payment system, an addition to the Swiss Interbank Clearing system, was launched by SIX and the SNB. Supported by nearly 70 banks as of August 2024, it facilitates real-time settlements within 10 seconds and operates 24/7, enhancing immediate payment capabilities.
Switzerland is progressively moving towards a 'less cash' society, spurred by its near-100% adult banked population and the rise in mobile payments. The SNB's pilot project on digital currency marks another key development, with Project Helvetia III extending into 2026.
The incorporation of contactless payments into public transport has significantly accelerated adoption rates. SwissPass, a travel card, introduced a contactless feature in December 2022, enabling cashless transactions at sales points and ticket machines.
Scope
Analysis of the card market size, transaction values, and volumes, along with detailed segmentation of debit, credit, and charge cards.
Market sizing and comprehensive evaluation of major payment instruments like cards, credit transfers, cash, direct debits, and cheques.
Trends and growth trajectories for historical and forecast periods.
Competitor analysis highlighting leading card issuers and schemes.
Detailed insights into consumer attitudes and preferences towards card usage.
An overview of prominent alternative payment brands within the country.
Key Topics Covered: 1. Executive Summary2. Market Overview3. Payment Instruments4. Card-Based Payments5. Ecommerce Payments6. Alternative Payments7. Payment Innovation8. Job Analysis9. Payment Infrastructure and Regulation10. AppendixCompetitive Landscape
TWINT
Apple Pay
Google Pay
Swiss Interbank Clearing
SIX
SNB
SIC5
Banque Cantonale Vaudoise (BCV)
Basler Kantonalbank
Commerzbank
Hypothekarbank Lenzburg
UBS
Swiss Bankers Association
Zurcher Kantonalbank
CembraPay
Swissbilling
Swiss Competition Commission (COMCO)
Mastercard
Garmin Pay
SwatchPAY
Visa
Alpian
Bank Cler
Bank EEK
Credit Suisse
Habib Bank
Neon Switzerland
BLKB
Bank Linth
CBH Bank
Bank Cler
PostFinance
YAPEAL
American Express
Manor
Christ Watches & Jewelry
Bongenie-Grieder
Klarna
PayPal
Samsung Pay
Click to Pay
SPAR
Yoordi
Swiss4
Corner
EasyPark
myPOS
For more information about this report visit https://www.researchandmarkets.com/r/6qompu
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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