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A globally recognized authority on card payments.


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One year of card industry data at your fingertips.

For 53 years, the leading publication covering payment systems worldwide

Newsletter |

| September 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.

14th Annual Research Publication

The World’s Top Card Issuers and Merchant Acquirers research publication is now in its 14th edition, and includes over 1,380 financial institutions in more than 118 countries.

Subscriber Companies

Join thousands of global subscribers to the Nilson Report.

Featured Chart

POS Terminals in India

The largest acquirers of merchant card transactions in India are listed by the number of POS terminals deployed. Nearly all outlets in India use a single POS terminal. Acquirers include ICICI, Axis, HDFC, HSBC, Citibank, BOB Cards, IDBI, Andhra, Development Credit, Standard Chartered, Jammu & Kashmir, Vijaya, Bank of India, and Canara Bank.
Featured Article

Skipify Launches Wallet with American Express

American Express is the first US card issuer to partner with Skipify on that company’s Card Linking digital wallet, an ecommerce checkout product that has been quietly in development for nearly three years. Amex has invested in Skipify in three funding rounds since 2021. Online merchants connected to Skipify offer a location to input an email address at checkout rather than entering a card number to initiate a purchase. Skipify initiates transactions by sending a one-time passcode (OTP) to the cardholder’s mobile phone via text or app.

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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


November 28 – November 30, 2023

Trustech is the annual meeting place of the card and trust technology industries.  The event remains a popular mix between tradeshow and conference with over 200 international exhibitors, and around 150 international speakers covering the latest technologies and trends in the fields of Payments & Identification.

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

July 27, 2023

Cross River Bank Joins With Plaid to Offer Multi-Rail Services in the US

Cross River Bank, a provider of technology infrastructure that offers embedded financial solutions, has expanded its partnership with Plaid to deliver multi-rail payment services to US businesses and their customers.

Latest Nilson News

Nilson in the news

September 22, 2023

Payments Dive

Payments processing can get complicated. Here’s a primer.

"The biggest acquiring banks last year were JPMorgan Chase, Wells Fargo and Bank of America, respectively, according to industry research firm The Nilson Report."