Token.io Uses API Connectivity for A2A Payments
Last year, Token.io handled 62 million A2A transactions averaging $2 billion monthly. The average transaction amount was $400.
BNP Paribas, Groupe BPCE Card Processing Joint Venture
The joint venture will process more than 17 billion Visa, Mastercard and domestic-only Cartes Bancaires (CB) transactions annually.
PayPal Expands in Europe
Merchants in Europe will be able to use Fastlane on a white-label basis to compete against branded digital wallets from PayPal, Apple, Google and Wero. Both Visa and Mastercard offer expedited checkout services in Europe called Click to Pay.
NFC-based E-Receipts
Pi-xcels, which has three patents pending or registered on its technology, estimates the number of terminals capable of using NFC-based e-receipt technology at 40 million worldwide.
Virtual Cards for Accounts Payable B2B Transactions
More than 630,000 virtual cards are issued every week using Conferma’s technology. The company’s platform promises visibility into all details related to a buyer’s expense and the near-real-time reconciliation of payments they make.
Smartphone-Based Enrollment for Biometric Cards
The dongle required in Idemia’s latest at-home enrollment kit is like those used by micromerchants to accept a card payment.
Investments in Merchant Processing, Acquiring—2024
In 2024, the value of 67 investment transactions for which the monetary value was announced amounted to $5.51 billion. This compares to 85 deals with announced values totaling $8.90 billion in 2023.
Market Cap Performance for Card Issuers and Networks
Every month we publish a snapshot of the stock market performances of more than 130 companies that earn revenue from customers in the payment card industry. This issue features the four publicly traded card payment networks and the 20 publicly traded issuers of payment cards. Combined, the card networks held a market capitalization of more […]
Payment Cards Projected Worldwide 2024—2029
General purpose and private label credit, debit and prepaid cards in circulation worldwide are projected to reach 31.13 billion by December 31, 2029. At year-end 2024 that figure was 27.76 billion.
Market Cap Performances by Payment Processors in 2024
Combined, they held a market capitalization of $447.25 billion as of December 31, 2024.