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US smart payment card shipments to top 500 million in 2015
Shipments of smart banking and payment cards in the US are projected to increase to just over 502 million in 2015, up from 223 million in 2014, according to latest research from IHS Technology . Payment cards key findings: Security breaches and the liability shift in October 2015 have concentrated minds and kick-started EMV migration in the United [...]
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$20 trillion spent on payment cards worldwide in 2014
New research by RBR shows that the number of payment cards in circulation worldwide increased by 11% in 2014 to reach 12 billion, largely driven by strong growth in Asia-Pacific and the Middle East and Africa. The migration away from cash and cheques helped boost worldwide card spend to $20 trillion, a 15% year-on-year growth. [...]
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