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Home > Computers and Information Technology > IT Administration & Services > Smart Cards
Retail Payment Mechanisms on the Forecourt
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| Published Date:
September 2006
Published By:
Datamonitor
Order Code:
R313-16944
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Introduction
Oil and equipment manufacturer clients are keen to know the penetration of different forms of payment into the forecourt retailing market, the prevalence of different payment technology and the core brands used. This brief reviews nine key European forecourt retailing markets to assess payment type acceptance, characteristics of payment terminals and consumer purchasing behaviour by payment type.
Scope- An assessment of forecourt transactions made by cards across the UK, France, Poland, Spain, Italy, Germany, Belgium, Netherlands and the Czech Republic
- Insight into the extent of terminal usage in the forecourt market and the level of EMV compliance both at a national and sector level
- An examination of the number of forecourt terminals versus the size of the network, the extent of card usage and the number of registered vehicles
Highlights
Cards are used for almost 50% of all transactions made on the European forecourt and their growing importance is reflected in the high brand acceptance and relative absence of minimum payment thresholds.
The number, age and functionality of card terminals varies greatly across Europe's forecourts with France and Spain having the highest average number of terminals per site and the UK having the newest terminals.
Italy and Spain have a large quantity of card terminals per site relative to the level of card usage and the penetration of auxiliary services in each market
Reasons to Purchase- Understand the preponderance of different payment methods specifically for petrol station purchases
- Compare the number, age and functionality of terminals at your sites to the market average
- Uncover the markets with potential for new terminals and those which are already heavily saturated
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