Overview of Global
E Payment Diffusion
Projection of E-Business Spread-out Worldwide by 2004
The Diffusion of Global Payments Market
The global payments market is fragmented, by product and geographic different market segments are at different life cycle stages. The fragmented nature is attracting new entrants, offering both niche and broad-based capabilities.
Emerging Payments Landscape
Traditional payment mechanisms will be under increasing pressure from emerging payment technologies
Degree of Collaboration and Economic Size Relation
The appropriate level of industry-wide collaboration seems to be correlated to market size
Observations
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Economic size is a consideration in deciding upon the appropriate strategy for payment transformation
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Banks are seeking to collaborate in areas of activity that are scale-driven and are not considered "strategic" to lower costs and focus on core activities
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In more strategic areas, third party scale providers are often more attractive to banks than industry consortiums
The relative Development of Countries and the Relative Microeconomic Business Environment
Above chart shows that the best practice countries in payment market sophistication are also ones with highly competitive economies.
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The sophistication and quality of the e-payment infrastructure has an underlying influence on some of the ranking parameters, e.g., it is a contributing factor in the emergence of sophisticated technology solution providers.
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The impact of E payment infrastructure is related to ranking parameters like technology innovation at firm and industry level, collaboration among clusters, technology sophistication at firm and industry level, etc
