Week 3 of ‘Payments Analytics Month’ illustrates a selection of various research findings from TSG. See below for details and follow TSG on Twitter throughout the month for more research insights.
U.S. Card Present & Online Spending
Card present spending will remain strong in the near future, but online spending will outpace card present spending by 4% in compound annual growth. See trending through 2021.
Top U.S. Merchant Acquirers: Market Share of Volume
There are thousands of companies in the card acceptance distribution channel; the top 50 players process 97% of all card volume. See the volume share of the top 10 and top 25.
ISV Acquiring Relationships
TSG estimates that the U.S. market contains tens of thousands of software players (ISVs) that serve merchants. TSG research has ascertained that of ISVs with a merchant acquiring partnership, 57% have only one relationship.
U.S. Consumer Mobile Wallet Usage
TSG completed a consumer market survey in 2017 to gauge consumer sentiment of major U.S. card brands, and related technologies, in terms of trust and usage. 76% of U.S. consumers have never used a mobile wallet application. See which wallets are being used the most.
U.S. On Demand Delivery Market
The U.S. on demand delivery market is made up of large, established merchants, as well as numerous startups. While this industry presents some economic challenges for its participants; growth has continued in recent years. See the estimated market size in 2016.
Cloud-Based POS Terminals
TSG research indicates that the cloud-based POS market is primarily made up of three types of providers.