Dublin, July 12, 2017 (GLOBE NEWSWIRE) -- The "U.S. Consumer Payments Outlook Through 2020" report has been added to Research and Markets' offering.

"U.S. Consumer Payments Outlook Through 2020" provides both trended consumer usage, behaviour and attitude analysis on consumer payments and market sizes and forecasts through 2020 for key consumer payments instruments and methods.

Consumer payment preferences are changing faster than ever before, migrating further toward electronic and card-based payments and away from paper-based payments such as cash and check. Hastening this migration, e-commerce and m-commerce are transforming the nature of consumer payments, tilting the balance further in favor of bill- and non-bill electronic and card-based payments; while P2P payments take digital shape. Cash and check are on the chopping block: Dropping from an 8.7% share in 2016, the author expects cash to comprise 6.9% of consumer payment value in 2020, with declines also noted for check payments, with card-based and electronic payment picking up the slack.

These shifts in consumer payment preferences are shaping the value and volume of payments made, affecting market share for cash, debit cards, prepaid cards, credit cards, electronic payments such as online banking bill payment and bank account payment, and of course cash and check. This, in turn, has ramifications for industry participants drawing revenue or paying fees from the consumer payments food chain.

The report emphasizes 2007-2016 survey trending of consumer payment usage and behaviour, segmented by payment instrument and method: credit card, debit card, prepaid card, cash, check, online and mobile payments, and P2P and money transfers, with demographic analysis.

Key Topics Covered:
1. Executive Summary

Report Scope
- Report Summary
- Market Size And Forecast

U.S. Payments Value & Volume: Market Size And Forecast
- U.S. Consumer Payments Value & Volume: Market Size And Forecast
- Consumer Payment Card Market Size
- Key Trends And Observations

Consumer Credit Card Payments
- Consumer General-Purpose Credit Card Payment Market Size
- Credit Card Usage Forecast
- A Credit-Based Payment Tool Lagging Only Cash And Debit In Usage
- Balances Outstanding And Number Of Cards Trend Downward
- Subprime Borrowers No Longer A Factor
- Usage Trends
- Demographic Trends
- Usage Trends Over Time
- Usage Frequency Trends Over Time
- Number Of Cards In Wallet: Trends Over Time

Consumer Debit And Prepaid Card Payments
- Debit Card Usage Forecast
- Debit Card Usage Trends
- Demographic Trends
- Usage Trends Over Time
- 2010-2016 Usage Trends By Demographic
- Cash And Purchase Usage And Usage Frequency Trends
- Prepaid Card Usage Trends

ACH Payments
- ACH Payments Market Size
- ACH Consumer Payment Market Size
- Online Banking Bill Payment Usage Growth Trends
- Consumer Bank Account Number Payment Usage Growth Trends

Check Payments
- Check Payments Market Size
- Consumer Check Payments

Cash Payments
- U.S. Consumer Cash Payment Value & Volume: Market Size & Forecast
- Carrying Cash
- Cash Withdrawal Amounts
- In Important Ways, Cash Remains King
- Cash Takes A Hit But Remains Resilient
- Small Value Payments
- Cash Less Likely To Be Preferred Payment Instrument
- Degree Of Using Cash To Pay For Goods And Services
- Reasons For Choosing Cash Over Payment Cards
- Cash Preferences: Paying For Purchases And Bills
- Influence Of Cash Preference On Payment Cards, By Type
- Influence Of Cash Preference On Banking Relationship And Creditworthiness

Online And Mobile Payments
- Remote Payment Growth Rate Twice The In-Person Payment Rate
- Online Purchasing Usage Penetration Growth Slowing Down
- Online And Mobile Purchase Frequency Trends
- Credit Cards The Online Payment Method Of Choice; Paypal Firmly Established
- Phone/Mail Payment Usage Methods See Check Declines
- Bill Payment Methods Used: Trends Over Time
- Form Of Payment Used To Pay Bills: Trends Over Time
- Mobile Wallet Funding Method
- Mobile Wallet Payment Entry Method

P2P And Money Transfer
- P2P And Money Transfer Usage Methods: Trends Over Time
- Bank-Driven P2P And Instant P2P Payment: Usage And Interest

2. Market Size And Forecast

U.S. Payments Value & Volume: Market Size And Forecast

Payments Value And Volume: 2012-2020

U.S. Consumer Payments Value & Volume: Market Size And Forecast

Consumer Payments Value And Volume: 2012-2020

Consumer Payment Card Market Size
- Consumer General-Purpose Card Payment Value: 2012-2016
- Consumer Payment Value By Card Type
- Consumer Payment Value By Card Association
- Key Trends And Observations
- Ecommerce & Mobile
- Traditional Accounts Remain Bedrock
- Traditional And Emerging Accounts And Payment Instruments Blurring
- Large-Value Payments

3. Consumer Credit Card Payments

Consumer General-Purpose Credit Card Payment Market Size
- Visa Takes Share; American Express Lags

Credit Card Usage Forecast

Credit Card Trends
- A Credit-Based Payment Tool Lagging Only Cash And Debit In Usage

Balances Outstanding And Number Of Cards Trend Downward

Subprime Borrowers No Longer A Factor

Usage Trends

Demographic Trends

Usage Frequency Trends

Demographic Trends

Number Of Cards In Wallet: Trends Over Time

4. Consumer Debit And Prepaid Card Payments
Consumer General-Purpose Debit & Prepaid Card Payment Market Size
Visa Dominates
Debit Card Usage Forecast

Debit Card Trends
- A Core Payment Tool For Bills And Non-Bills

Usage Trends
Demographic Trends
2007-2016 Trends
2010-2016 Demographic Trends
Cash And Purchase Usage And Usage Frequency Trends
Prepaid Card Usage Trends - 2010-2016 Trends
2010-2016 Demographic Trends

5. ACH Payments

ACH Payments Market Size
- Payments Value: 2012-2020

Credit Vs. Debit Transfers
- Network Operator Vs. On-Us Transactions

ACH Consumer Payment Market Size
- Network ACH Payments Value And Volume: 2012-2020

Consumer ACH Payments Value And Volume: 2012-2020
- Market Size: Consumer ACH Direct Deposit Payments
- Market Size: Consumer ACH Online Banking Bill Payments
- Market Size: Consumer ACH Payments Initiated Online Vs. Telephone
- Online Banking Bill Payment Usage Growth Trends
- Consumer Bank Account Number Payment Usage Growth Trends

6. Check Payments

Check Payments Market Size

Consumer Check Payments: Still Broadly Used But With Low-And Lesser-Frequency

Consumer Check Payments
- Federal Reserve Data Sets The Stage
- Trended Consumer Survey Analysis Suggests Steady, Consistent Decline

Demographic Analysis

7. Cash Payments

U.S. Consumer Cash Payment Value & Volume: Market Size & Forecast

Carrying And Withdrawing Cash

Cash In Circulation: Big Bill Boom

Carrying Cash

Cash Withdrawal Amounts Higher Than Credit Card And Debit Card Payment Value

In Important Ways, Cash Remains King

Cash Takes A Hit But Remains Resilient
- Breadth Of Merchant Use
- Small Value Payments
- The Cash User
- Cash Less Likely To Be Preferred Payment Instrument
- Who Loves Cash?

Degree Of Using Cash To Pay For Goods And Services

Reasons For Choosing Cash Over Payment Cards

Cash Preferences: Paying For Purchases And Bills

Influence Of Cash Preference On Payment Cards, By Type

Influence Of Cash Preference On Banking Relationship And Creditworthiness

8. Online And Mobile Payments

Remote Payment Growth Rate Twice The In-Person Payment Rate

Payment Method Usage Trends

Online Purchasing Usage Penetration Growth Slowing Down

Online And Mobile Purchase Frequency Trends

Credit Cards The Online Payment Method Of Choice; Paypal Firmly Established

Phone/Mail Payment Usage Methods See Check Declines

Bill Payment Trends

Bill Payment Methods Used: Trends Over Time

Form Of Payment Used To Pay Bills: Trends Over Time
Mobile Wallets
- Mobile Wallet Funding Method
- Paypal: Funding Method Disruptor
- Mobile Wallets Also Potential Funding Method Disruptors

Mobile Wallet Payment Entry Method

9. P2P And Money Transfer

P2P And Money Transfer Usage Methods: Trends Over Time

Bank-Driven P2P Usage And Interest

Instant P2P Payment Usage And Interest

Appendix

Companies Mentioned

- American Express
- Discover
- Mastercard
- Visa

For more information about this report visit https://www.researchandmarkets.com/research/hwk2gx/u_s_consumer

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