Opportunity assessment in the UK's Contactless Card Payments Industry
Background
A Singapore-based consulting firm engaged Aranca to provide advisory services for a UK-based retail bank interested in launching contactless cards in the UK
Aranca Approach
Detailed market analysis report covering market size, major drivers, regulatory landscape and detailed business case
Results
Our analysis helped the client identify the market potential of and identify opportunities in UK’s contactless card payment industry
Ideate
Identify key industry parameters and metrics
Define framework for analysis of the existing contactless payment landscape to identify supply gap
Desk Research
Overview of the Global and UK Payments Industry: existing supply-side environment and future outlook
Detailed market analysis - market size, trends, competitive analysis, product portfolio and regulatory framework
Expert Interviews
Discussion with ~15 industry experts and competitors
Focus on operating model, competitive landscape , revenue and cost drivers and challenges
Analysis
Identify the market potential in contactless card payment industry
Develop a detailed business case along with a high-level cost and revenue forecasts
