Payment card shipments in 2022 by manufacturer were published in issue 1251.
The ability to provide virtual card payments for BNPL transactions has opened a new opportunity for card account processors. Increasingly, online and in-store retailers feel compelled to provide their customers with real-time credit decisioning so they can deliver instant approval for a BNPL transaction at the time of purchase, even when they’ve had no prior relationship with the consumer.
Superlogic’s software can be used by card issuers, airlines, hotels, restaurants, retailers and others to make managing their loyalty programs more efficient.
There were 16.99 billion global general purpose cards in circulation on June 30, 2023. This was up 5.2% from June 30, 2022.
Issuers from the US held a 42.4% market share among the largest portfolios, followed by issuers from China with a 35.6% share.
Worldline supports more than 1 million merchants in Europe, North America, Latin America and Asia-Pacific. They generate nearly 30 billion transactions annually, including transactions handled as a third-party processor. The number of digital merchants exceeds 250,000. Those businesses generate more than 2.5 billion transactions annually.
Of the 14.7 million devices shown here that were shipped in 2022, 75.19% were QR code terminals, 12.80% were PIN pads, 6.44% were ECRs…
Mastercard believes it has some first mover advantage in automobile payments for two reasons. One is because there are so many technical and regulatory hurdles that come with an in-car payment network. The other is because the lead times for new car launches are often as long as five years.
Point-of-sale terminal shipments worldwide reached 148.3 million in 2022, up 4.5% over 2021. POS terminals counted include countertop, multilane, tablet and handheld devices with integrated chip and/or magnetic stripe card readers, unattended devices, terminals that can read QR codes and also accept cards and those that can read a biometric identifier and then facilitate a […]
Acquirers from two countries hit the 1 billion transaction mark for the first time: Akbank (Turkey) and Alfa Bank (Russia).