OpenWallet Foundation and EMVCo Alliance
Among the applications the companies might pursue for OWF digital wallets include secure remote commerce, payment tokens to protect primary account numbers and 3-D Secure.
Region: Asia–Pacific
Visa and Mastercard Worldwide through 3Q 2023
Of the Visa and Mastercard worldwide total, purchase volume initiated by cards issued outside the US accounted for 55.68%, up from 54.05%.
Payment Cards Projected Worldwide —2023 through 2028
The global card brand general purpose cards — UnionPay, Visa, Mastercard, JCB, American Express and Discover/Diners Club —are projected to reach 19.38 billion cards by year-end.
M&A in Merchant Processing and Acquiring—2023
There were 25 deals in the US, 23 in Europe, 12 in Asia-Pacific, 7 in the Middle East and Africa, 6 in Latin America and 2 in Canada.
Market Cap Performances by Payment Processors in 2023
Only 9 of the 41 processors posted gains in market capitalization, including 4 of the top 10—Fiserv, Global Payments, Shift4 and Stone.
The Threat from Quantum Computing
Quantum computer models leverage the principles of quantum mechanics—the physics concerned with the behavior of subatomic particles.
Global Brand Card Transactions Projected Worldwide — 2023 through 2028
There will be 323.02 billion more transactions worldwide in 2028 than in 2023.
Fleetcor Processes Payments on Proprietary Networks
The company plans to gain more transactions by going deeper within its existing businesses and geographies to find new opportunities, including expanding services to consumers.
Top 150 Credit Card Issuers by Purchase Volume — 2022
The 10 largest issuers accounted for 44.8% of purchase volume among the 150 largest.
Vesta Fraud Fighting Platform
When a merchant uses Vesta’s cloud-based Payment Guarantee service and experiences a chargeback, Vesta covers 100% of the transaction amount as well as any associated fees.
