BRIC Payment Developments Report 2017 - Nations Moving Toward Domestic Payments Model not Just Integrating Universal Branded Credit Cards

Growth has been uneven, however, and China now dominates this economic grouping in terms of economic growth, income per capita, and payments implementation. China's point-of-sale terminal installations and cards outstanding are now more than double U.S. deployment. India, though similar in size, lags China. Inflation and shortfalls in growth of gross domestic product have had a particularly strong impact on Brazil and Russia. India is well intentioned but the process is moving slowly.

Growth has been uneven, however, and China now dominates this economic grouping in terms of economic growth, income per capita, and payments implementation. China's point-of-sale terminal installations and cards outstanding are now more than double U.S. deployment. India, though similar in size, lags China. Inflation and shortfalls in growth of gross domestic product have had a particularly strong impact on Brazil and Russia. India is well intentioned but the process is moving slowly.

A new research report, Brazil, Russia, India and China: Payment Developments in the BRIC Countries, discusses how the BRIC nations, while similar in their long-term potential, face unique challenges based on economic, political, and social issues. The report also identifies how each country, in its own ways, is moving toward a more country-driven payments model rather than just integrating the universal branded payments scheme.

Highlights of the research report include:

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Background

4. Comparative Data

5. Foundational Data on the BRIC Markets

6. Payment Cards Grow in All Markets

7. Conclusions

8. Endnotes

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/w52j6r/brazil_russia

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