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Consumer Payments Country Snapshot: Denmark 2016

Published: Jun-2017 | Format: PDF | GlobalData | Number of pages: 44 | Code: MRS - 145143

Consumer Payments Country Snapshot: Denmark 2016

Summary

As cash use continues to decline, Denmark is increasing its efforts to become a cashless society, backed by government support in promoting electronic payments. Danish consumers are very comfortable with payment cards and mobile phones, with Dankort the most commonly used card scheme in the country and MobilePay leading the way in peer-to-peer payments. In spite of mobile proximity and 

Scope

- While credit cards account for 19% of cards in issue, they are used more than seven times less frequently at the point of sale (POS) than debit cards.
- While 21% of the number of transactions and 31% of the value of transactions are currently made using debit cards, opportunities still exist for mobile payment providers. They should promote products that are convenient and comfortable to use, as these are the features most valued by Danish consumers using debit cards online.
- The share of Danish consumers who do not have a 

Reasons to buy

- Understand the key facts and figures in the consumer payments market in Denmark.
- Find out what products the major competitors are launching in the market and plan your strategy accordingly.
- Discover consumer sentiments towards various payment tools in the Danish market and use this knowledge to inform product design.
- Learn about the key regulatory requirements affecting Danish payments players and any recent or upcoming changes to those requirements.
Table of Contents
Executive Summary
Megatrends
Proximity Payments
Remote Payments
Payments Infrastructure & Regulation
Appendix

                        
            

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