全球的儲值市場

Worldwide, almost one half of a trillion dollars has already been loaded on various forms of stored value, with an estimated potential that is several orders of magnitude higher. Although the particular dimensions of stored values opportunity vary by world region, one indisputable commonality emerges regardless of nation or region - stored value is reshaping the payment process.

Still, not all the applications grabbing headlines in the U.S. are generating the same level of traction in other parts of the world. How do payments infrastructures and payments preferences vary from country to country, and what impact do these have on the programs you design for specific markets? What are the specific programs succeeding around the world, and what makes one a winner and another a failure? Moreover, the manner in which electronic payments are introduced or expanded within developing economies will levy a significant impact on how rapidly a given economy grows, and on its prospects for international trade and tourism as well. In developed economies, 60 to 85 percent of the population have bank accounts, and they are essential to daily life. Various applications of stored value will provide the same essential services enjoyed by people in developed economies to people in developing economies. Stored value has the potential to enable developing economies to leapfrog into the 21st century, and this report will explore how - and how far.

As large as the potential for stored value is in the U.S., the international opportunity will be several orders of magnitude higher. However, the market will most likely develop differently from the way it has evolved in the U.S. "Stored Value: A Global Perspective" explores in granular detail differences in banking infrastructure and consumer behaviors that must be considered before stored value programs are developed. The opportunity is ripe for the picking in many markets where a major player is yet to emerge. This exclusive report will explore different global growth scenarios by region, highlighting the cultural as well as business dynamics which will ultimately contribute to the opportunity model.

Nobody studies the emerging stored value market more consistently or passionately than The PELORUS Group. Weve been a leader in identifying, analyzing and projecting forward where the different prepaid markets are headed, as well as what the ramifications to industry participants will be. We hold no punches. Our thought-provoking assessments are hailed as cogent exercises in realistic market valuations. Organizations around the world tap into our prepaid expertise. "Stored Value: A Global Perspective" is an exclusive report, offering unprecedented depth and a bold strategic perspective. Its insights and recommendations are the result of years of hands-on research into the rapidly changing credit/debit card landscape. The latest entry in a series of landmark prepaid studies from The PELORUS Group, "Stored Value: A Global Perspective" may very well be the most provocative such study to date.

TABLE OF CONTENTS

CHAPTER I: Executive Summary

CHAPTER II: Global Market Overview

2.0 Introductions

2.1 The Way People Pay

2.2 Definitions

2.2.1 Prepaid

2.2.2 Stored Value

2.3 Key Drivers

2.3.1 The Evolving Paper-less Payment Process

2.3.2 New Payment Methods Required

2.4 Stored Value History -- The Telecom Connection

2.4.1 Stages of Market Development

2.4.2 Different Infrastructures

2.4.3 Marketing

2.5 What We Learned from the U.S. Market

2.6 Stored Value and the Payment Process

2.7 Retailers/Business

2.7.1 Financial Companies

2.7.2 Disintermediation

2.7.3 New Business Model

2.7.4 Stored Value for Everyone

2.7.5 Retail Distribution of a Financial Service

2.8 Multi-Function Cards -- Competitive Advantage

Chapter III: Stored Value Applications

3.0 Introduction

3.1 Micro Payments

3.2 Macro Payments

3.3 Open Systems

3.4 Closed Systems

3.5 Stored Value Applications

3.6 Networked Goods

3.7 Micro Payment Systems

3.7.1 Transit Fares and Tolls

3.7.2 Vending and Parking

3.8 Macro Payment Systems

3.8.1 Payroll Cards

3.8.2 An Opportunity for Banks

3.8.3 Controlled Spending Accounts

3.8.3.1 Government Disbursements

3.8.3.2 Insurance Payments

3.8.3.3 Prepaid Medical Benefit Programs

3.8.3.4 Business Expense Accounts

3.8.3.5 Loyalty Programs

3.8.3.6 Gift Card/Spending Card/Travel Card

3.8.3.7 Card-Based Money Transfer

3.9 Evolution of Prepaid from Telephony to Stored Value

CHAPTER IV: Technology and Infrastructure

4.0 Introduction

4.1 Magnetic Stripe Cards

4.2 Smart Cards

4.4 Prepaid Point of Sale Activation

4.5.1 Types of POSA Systems

4.5.1.1 Customized Systems

4.5.1.2 Generic Systems

4.5.2 SMS

4.6 Other Technology Factors

4.7 Mobile Handset-Based Systems

4.8 Technology in Other Parts of the World

4.9 Regulation

CHAPTER V: The International Market Place

5.0 Introduction

5.1 Developing Economies

5.2 Sponsors

5.3 The Influence of Major Players

5.4 Indicators from Prepaid Wireless

5.5 Regional Analysis

5.6 Europe

5.6.1 Mobile Handset Based Systems

5.6.2 Applications

5.6.2.1 Prepaid Telecom

5.6.2.2 General Spending Cards, Payroll Cards

5.6.3 Card-Based Money Transfer

5.6.4 Government Cards

5.6.5 Transportation and Transit Cards

5.6.6 Gift Cards

5.6.7 University and College Campus

5.7 Latin America and Caribbean

5.7.1 Prepaid Wireless

5.7.2 General Spending Cards and Payroll Cards

5.7.3 Gift Cards

5.7.4 Transportation and Transit Cards

5.7.5 Card-Based Money Transfer

5.7.6 Government Cards

5.8 Middle East Region

5.8.1 Prepaid Wireless

5.8.2 Banking Infrastructure and Card Usage in the Region

5.8.3 Labor Migration and Its Impact on International Money Transfers

5.8.3.1 Jordan

5.8.3.2 Saudi Arabia

5.8.3.3 Other

5.8.4 Government Cards

5.9 Africa

5.9.1 Prepaid Wireless

5.9.3 Banking Infrastructure and Card Usage in the Region

5.9.4 General Spending and Payroll Cards

5.9.5 International Money Transfers

5.9.6 Gift Cards

5.9.7 Transportation and Transit

5.9.8 Government Cards

5.10 Asia-Pacific

5.10.1 Prepaid Wireless

5.10.2 Card Usage in the Region

5.10.3 International Money Transfer

5.10.3.1 Japan

5.10.3.2 South Korea

5.10.3.3 Indonesia

5.10.3.4 New Zealand

5.10.3.5 Tonga

5.10.4 Remittance Data

5.10.5 Transit and Micro-Payment Systems

CHAPTER VI: Major Players

6.0 Overview

6.1 Alliance Data Systems

6.2 American Express

6.2.1 Corporate Defined Expense Program

6.3 Alphyra

6.4 Atos Worldline

6.5 EMIDA Technologies

6.6 Euronet

6.7 First Data

6.7.1 ValueLink

6.7.1.1 Clients

6.7.1.2 ValueLink Applications

6.7.2 Western Union

6.8 Gemplus

6.9 Givex

6.10 MasterCard International

6.11 Next Estate Communications, Inc.

6.12 NetSpend

6.13 Octopus

6.14 Simpay

6.15 Stored Value Systems SVS - Comdata

6.16 Trintech

6.17 WildCard Systems

6.18 Visa International

CHAPTER VII: Market Forecasts

7.0 Assumptions and Methodology

7.1 Stored Value Loaded by Market Segment 2004

7.1.1 Prepaid Wireless

7.1.2 General Spending

7.1.3 Payroll and Benefit

7.1.4 Card-Based Money Transfer

7.1.5 Government Cards

7.1.6 Transit and e-purse

7.1.7 Gift Cards

7.1.8 University and Student Cards

7.2 Global Market Opportunity by Market Segment 2009

7.2.1 Prepaid Wireless

7.2.2 General Spending

7.2.3 Payroll and Benefit

7.2.4 Transit and e-purse

7.2.5 Card-Based Money Transfer

7.2.6 Government Cards

7.2.7 Gift Cards

7.2.8 University and College Cards

7.3 Number of Accounts/Cards

7.4 Segment Revenue Potential 2009

7.4.1 Prepaid Wireless

7.4.2 General Spending

7.4.3 Payroll and Benefit

7.4.4 Card-Based Money Transfers

LIST OF TABLES AND FIGURES

Table

5.1 Latin American Remittances Market, in $U.S. Billions, 2005 to 2009

5.2 Projected Government Prepaid Cards by Selected Latin America Countries -- 2009

5.3 Middle Eastern Telephony Data -- December 2003

5.4 African Telephony Data -- December 2003

5.5 Regional Wireless Investor Data Second Quarter 2004

5.6 Asian-Pacific Remittance Data

Figures

7.1 Prepaid Wireless by Market Segment, 204

7.2 General Spending by Market Segment, 2004

7.3 Payroll and Benefit Cards by Market Segment, 2004

7.4 Card-Based Money Transfer by Market Segment, 2004

7.5 Government cards by Market Segment, 2004

7.6 Transit Cards and e-purse by Market Segment, 2004

7.7 Gift Cards by Market Segment, 2004

7.8 University and Student Cards by Market Segment, 2004

7.9 Global Prepaid by Market Segment, 2009 -- Prepaid Wireless

7.10 Global Prepaid by Market Segment, 2009 -- General Spending

7.11 Global Prepaid by Market Segment, 2009 -- Payroll and Benefits Cards

7.12 Global Prepaid by Market Segment, 2009 -- Transit Cards and e-purse

7.13 Global Prepaid by Market Segment, 2009 -- Card-Based Money Transfer

7.14 Global Prepaid by Market Segment, 2009 -- Government Cards

7.15 Global Prepaid by Market Segment, 2009 -- Gift Cards

7.16 Global Prepaid by Market Segment, 2009 -- University and Student Cards

7.17 Number of Cards, by Segment, 2009 -- General Spending

7.18 Number of Cards, by Segment, 2009 -- Payroll and Benefit Cards

7.19 Number of Cards, by Segment, 2009 -- Card-Based Money Transfer

7.20 Number of Cards, by Segment, 2009 -- Government Cards

7.21 Number of Cards, by Segment, 2009 -- Transit e-purse

7.22 Number of Cards, by Segment, 2009 -- Gift Cards

7.23 Number of Cards, by Segment, 2009 -- University and Student Cards

7.24 Segment Revenue Potential -- Prepaid Wireless -- 2009

7.25 Segment Revenue Potential -- General Spending -- 2009

7.26 Segment Revenue Potential -- Payroll and Benefit Cards

7.27 Segment Revenue Potential -- Card-Based Money Transfer -- 2009