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UK debit cards reach 100 million for first time
There are now more than 100 million debit cards in circulation in the UK for the first time.The milestone was passed in April, the latest figures from The UK Cards Association show. The number of debit cards in the UK has grown by 2.7% in the past year, up from 97.6 million to 100.3 million [...]
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Debit cards to overtake cash payments by 2021
Industry experts predict that debit cards are on track to become king in 2021 when they will take over from cash to become the UK’s most frequently used payment method, according to a new report from Payments UK, the trade association for the payments industry. The new report, UK Payment Markets 2016, which provides an [...]
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Payments Cards in Europe – a report
Payment cards at the point of sale (POS) and online showed solid growth rates in most European countries in 2014, supported by the roll-out of contactless technology. The challenges for the industry as a whole are the downward pressure on interchange fees and growing fraud losses. Cards in issue and card payments by volume and by [...]
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Debit cards continue to dominate French payments market
Debit cards are set to remain the most widely used payment type in France over the next four years, as consumers are getting increasingly attracted by the convenience of contactless payments and the greater use of debit cards for online transactions. In terms of transaction volume and value, debit cards will continue to dominate the [...]
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