Unbiased. Trusted. Concise.

A globally recognized authority on card payments.


Relevant. Respected.

Business publications trust the Nilson Report.


Our Research Publication.

One year of card industry data at your fingertips.

For 53 years, the leading publication covering payment systems worldwide

Newsletter |

| December 2023

The Nilson Report, in its 53rd year of publication, is the most respected source of news and analysis of the global card and mobile payment industry. Published bi-monthly.

15th Annual Research Publication

The World’s Top Card Issuers and Merchant Acquirers research publication is now in its 15th edition, and includes over 1,370 financial institutions in more than 120 countries.

Subscriber Companies

Join thousands of global subscribers to the Nilson Report.

Featured Chart

Top Debit Card Issuers Worldwide

The 8 largest issuers accounted for 52.9% of purchase volume among the top 150. Spending for goods and services initiated by the 8 largest issuers of debit cards combined reached $5.935 trillion in 2022.
Featured Article

Biometric Checkout from NEC and Mastercard

More than 1,000 active deployments in over 70 countries use NEC facial recognition technology, including police departments, immigration control agencies, national ID systems, banks and stadiums.

Special Offer

Claim Your Free Trial of the Nilson Report.


Payment Card Fraud

$ 0

billion was lost to fraud
worldwide in 2021

0 %

of those losses
occurred in the U.S.

$ 0

billion in worldwide losses are
projected over the next ten years

Industry Events

Keep current with industry events, and take advantage of special promotions.

Featured Event

Merchant Payment Ecosystems 2024

March 12-14, 2024

MPE 2024 will bring together 1,400+ individuals representing companies that are redefining the merchant payments ecosystem, on March 12-14, in the InterContinental Hotel Berlin, Germany.

Subscriber Testimonials

Melody Cuff, on behalf of President
, EVP, Chief Acquisitions Officer
, Oliphant Financial

The production quality of NR is simply unmatched. If you want to know what's happening at the cutting edge, NR will not only make sure you see it, but provide you with specific contact information you can act on today! NR is an efficient publication. It's quick to get to the point while not being overcrowded, making it the most enjoyable layout I see each month. As a fan of more than 20 years, I look forward to NR more than any other subscription.

Thomas DeLuca

Throughout my 25+ years in the ever-evolving merchant payments industry, the Nilson Report has been a constant companion — an essential source of information, and a means for connecting to the “who’s who” in the space. If there is one “must read’ to stay informed about payments, it is the Nilson Report!

William Maurer
, Professor, Institute for Money, Technology & Financial Inclusion
, University of California, Irvine

As a researcher in the payments space, I have come to depend upon the Nilson Report's independent and comprehensive reporting and data. It's really one of a kind.

Hans Morris
, Managing Partner
, NYCA Partners

I have been reading the Nilson Report for several decades now, and consider it indispensable for anyone in the payments industry. I also admire its utterly unique approach to journalism: clear, concise, accurate information and insights that are free of advertising and tendentious sourcing. We could use more of this!

Carolo Specogna
, VP of Product Strategy for Card Services

The Nilson Report is an indispensable guide to the movers and shakers in the cards and payments industry. Providing a comprehensive overview of payment trends and useful data both in the US and globally, Nilson enables Fiserv to keep our finger firmly on the pulse of the challenges and opportunities facing issuers, acquirers, financial institutions, fintechs, analysts, academia and others.

Donald Kossman
, General Manager, Fraud Protection

The payment industry is going through a digital transformation and innovating in many ways. In these times, it is critical to have great data and insights. That is why we at Microsoft are so thankful to have the Nilson Report and cannot wait for the next edition.

Latest Industry News

Industry News

December 5, 2023

Circle and Nubank Partner to Increase Digital Dollar Access in Brazil

Circle is partnering with Nubank, a digital financial platform serving 90 million customers in Brazil, Colombia and Mexico, to extend USDC access to Brazilian Nubank customers. Circle’s USDC is a regulated dollar stablecoin.

Latest Nilson News

Nilson in the news

November 21, 2023

Payments Dive

Will China be a boon or bust for card networks?
"'UnionPay is the 800-pound gorilla in that market,” said David Robertson, whose The Nilson Report provides card market research. But there will be plenty of opportunities for U.S.-based companies to gain market share, he predicts. “I’m not saying that UnionPay is sweating bullets here — it’s just that the opportunity is so big.'”