TSYS Releases Research on U.K. Consumer Payments
June 01 2015 - 4:00AM
Business Wire
Findings will have implications for issuers
TSYS (NYSE: TSS) has today published its inaugural U.K. Consumer
Payments research report. This report includes information on key
consumer payment preferences and new insights on a range of popular
industry topics.
TSYS conducted quantitative research via a survey of more than
500 U.K. consumers, covering diverse demographics, including
gender, age and income. The respondents were older than 17, had at
least one debit card and one credit card, and owned a mobile
phone.
"TSYS is committed to providing its clients and the wider
industry with greater insights into current and evolving payment
trends in the U.K. and Europe at large," said John Goodale, group
executive, product and market development, TSYS International. “Our
goal is to help card issuers deliver highly relevant payment
strategies and initiatives, and we believe this serves as a useful
tool for the industry in forming views on future trends.”
Key findings from the research include the following:
- What distinguishes segments in a
meaningful way is two-pronged: consumer comfort and increased use
of digital tools, and a willingness to share data in return for
value.
- Consumers are more comfortable and
competent in the use of apps and settings to manage their digital
lives, and the preference for self-serve tools is extending to
banking relationships.
- E-commerce has reached mass adoption,
with 56 percent of respondents indicating they keep a credit card
on file with a retailer to make online purchases.
The report is available online at:
http://tsys.com/2015ukconsumerpaymentsstudy/.
About TSYS
At TSYS® (NYSE: TSS), we believe payments should revolve around
people, not the other way around. We call this belief
People-Centered Payments®. By putting people at the center of every
decision we make, TSYS supports financial institutions, businesses
and governments in more than 80 countries. Through NetSpend®, A
TSYS Company, we empower consumers with the convenience, security,
and freedom to be self-banked. TSYS offers issuer services and
merchant payment acceptance for credit, debit, prepaid, healthcare
and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with
local offices spread across the Americas, EMEA and Asia-Pacific.
TSYS is a member of The Civic 50 and was named one of the 2015
World's Most Ethical Companies by Ethisphere magazine. TSYS
routinely posts all important information on its website. For more,
visit us at www.tsys.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150601005155/en/
TSYS Media RelationsCyle Mims,
+1.706.644.3110cylemims@tsys.comorTSYS InternationalVictoria Winn,
+44.1904.562.577victoriawinn@tsys.com
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