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Global card purchase volume for goods and services, which excludes cash advances on credit cards and cash withdrawals on debit cards across the global card networks, grew by 5.8% to $20.606 trillion in 2016, according to The Nilson Report. UnionPay debit cards were the most popular payment product based on purchase volume, followed by Visa [...]

The post Spending tops $20 trillion on global card networks in 2016 – Infographic appeared first on Payments Cards & Mobile.

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