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Payment Card Production Market Africa and Europe

Report coverspayment card production suppliers, manufacturing costs and established market trends, price trends, sourcing best practices.

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    Payment Card Production Market Africa and Europe Suppliers


    Payment Card Production Market Africa and Europe Supplier

    Find the right-fit payment card production market africa and europe supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    American Express Company
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    6
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    42

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    85
    Social
    31
    Governance
    48
    6 Domains Performance (/100)
    Business behaviour
    39
    Human rights
    47
    Community Environment
    26
    Corporate governance
    54
    Human resources
    21
    Security Scorecard
    90

    Threat indicators
    B
    83
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    A
    97
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    86
    Application Security
    Detecting common website application vulnerbilities
    B
    86
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    98
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    amexglobalbusinesstravel.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    12
    Human Rights Issues
    0
    Production Supply Chain Issues
    2
    Environmental Non Compliance Flags
    14
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    26
    Fraud Issues
    3
    Labor Health Safety Flags
    3
    Regulatory Issues
    22
    Workforce Disputes
    0
    Sanctions
    1
    esg energy transition
    86
    Discrimination Workforce Rights Issues
    3
    esg controversies critical severity
    No

    Payment Card Production Market Africa and Europe market report transcript


    Regional Market Outlook on Payment Card Production Market

    Geographic Segmentation

    Europe, which is currently the third largest card production market continues to grow, driven by increasing demand. The Middle Eastern and African markets however have witnessed a sharp decline in 2017.

    Europe Market

    • Europe ranks second in card production in terms of revenue at $4.38 billion, and third in terms of units at 6 billion cards
    • Card production revenue declined by 5.3 percent while the number of cards produced increased by 2.4 percent
    • Decline in dollars is mainly due to price volatility of chips and currency fluctuations, while the increase in number of units is driven by steadily increasing demand

    MEA

    • MEA region is the smallest in the world in terms of card production revenue with just $823 million in 2017
    • MEA region produced 3.459 billion cards in 2017
    • Volume of cards produced decreased by 9.0 percent, while card production revenue declined by 5.0 percent in 2017, in MEA

    Market Segmentation

    Despite lower volumes, chip cards account for higher value in terms of card production revenue across the globe.

    Chip Card

    • Chip cards represented 88.3 percent of revenue for cards globally manufactured in 2017
    • Nearly 70 percent of all financial cards have chips
    • In Europe, 59 percent of cards produced in 2017 were chip cards,but they accounted for 93 percent of card production revenue
    • Similarly in MEA only 16 percent of cards produced in 2017 were chip cards, but they accounted for 84 percent of card production revenue

    Financial Cards

    • Financial cards make up the largest unit market and second-largest dollar market at 5.69 billion cards and $4.67 billion respectively

    SWOT Analysis

    • Strengths:Continuous innovation in the industry and stable growth owing to rising demand
    • Weaknesses:Industry is highly susceptible to foreign exchange and market risk
    • Opportunities:Growth in global e-commerce and resultant growth in demand for cards
    • Threats:Losses due to card fraud,security issues due to data breach, skimming, etc, and high competition in the industry with several new entrants

    PEST Analysis

    Recent technology innovations and changing buyer preferences underpin card industry growth across the world in 2018.Also, increased data breaches has resulted in additional regulation such as enhanced PCI DSS.

    PCI DSS – Version 2

    • Dynamically evolving legal and regulatory environment presents a key challenge to companies operating in the payment card manufacturing space, particularly in Europe
    • Latest change includes version 2.0 released by The Payment Card Industry Security Standards Council (PCI SSC) in 2017

    Contactless Card Payments

    • Similarly, continuous innovations in the industry has forced top players to invest in recent technology to retain their market position
    • Mastercard has announced plans to strategically drive contactless adoption in Africa, Middle East, Europe, Latin America, and Asia Pacific

    Political

    • Government intervention, regulations and political stability will affect businesses of major players

    Economical

    • Volatility in currency markets will adversely impact the industry
    • Increasing purchasing power in Africa to drive card payments

    Social

    • Global shift towards digital payments and EMV cards
    • Buyer preferences for new  payment methods like QR, contactless, etc.

    Technological

    • Continuous innovations force investments on technology
    • Acquisitions to enhance technological competency