The 37 largest merchant acquirers listed in Issue 1293 processed $4.230 trillion in payment card purchase volume in 2024 from 43.1 million merchant outlets in the Asia–Pacific (APAC) region. That spending for goods and services was tied to 58.17 billion transactions from cards that carried 6 global brands and 10 domestic-only brands.
Devices that provide audio messages at the point of sale are deployed widely in China at small and midsized merchants that offer QR code-based payments. They are gaining popularity in other markets, including India.
Pax Technology’s A77 Android-based MiniPOS terminal shown here is the first POS terminal worldwide to receive PCI PTS 7 certification.
Under a voluntary plan, Visa will not leverage its position in the market to insist that acquirers use its authorization service to connect with issuers for credit card transactions.
When measuring annual purchase volume per card, Diners Club led with $9,058, followed by American Express with $7,331, Mastercard with $1,997, JCB with $1,912, Visa with $1,671 and UnionPay with $1,319.
For the complete ranking of Global Brand Card Network Results Worldwide in 2024, please log in and download Issue 1288.
Visa, Mastercard, JCB and American Express are among more than 5,000 organizations worldwide that tap into Xoxoday’s comprehensive expertise in customer engagement channels.
Expected end users for the New9830 include small and midsized retailers, restaurants, clinics and hospitality providers.
Software that enables card-present transactions for online merchants by using a buyer’s phone to enter a PIN is available from start-up Burbank.
Utila’s digital asset adoption technology is enterprise-grade and was designed for the high-speed operations needed by payment service providers, payment gateways, issuers of stablecoin products, neobanks and others.
