Digital processing technology that covers the entire payment value chain has been available from Casablanca-based S2M for over 40 years. S2M provides more than 160 customers in over 35 countries in Africa, the Middle East and Asia with card issuing and merchant account processing and card personalization services. S2M customers include national switches and payment […]
Neema makes its network capabilities available to other companies, including Visa, TerraPay, Thunes and UnionPay.
For the first nine months of 2025, debit, credit and prepaid cards in circulation worldwide with Visa and Mastercard brands generated $17.136 trillion in purchase volume.
When measuring all purchase transactions on the global networks for the first six months of 2025, debit cards accounted for 65.45%, up 22 basis points (bps) versus the first six months of 2024.
There are 36.9 million devices featured in this issue. Of that amount, 63.35% were QR code readers, 24.48% were dongles, 7.90% were multilane and PIN entry or contactless-only PIN pads, 2.40% were non-PCI-certified devices and 1.87% were ECRs.
There are more than 90 general purpose card brands worldwide that are domestic only and general purpose. Collectively, they generated $1.163 trillion in purchase volume in 2024.
The 10 largest issuers among the top 150 accounted for 54.8% of purchase volume in 2024.
Newland Payment Technology was the largest manufacturer in 2024. Its global total included 3.5 million portable battery-powered and 22,000 desktop Android terminals.
Visa, Mastercard, American Express and Diners Club cards issued in the Middle East and Africa region generated $2.007 trillion in total volume in 2024, an increase of 10.9% on a local currency basis from 2023.
Over the last 20 years, the company has developed its proprietary algorithm, supported by machine learning technology, to arbitrage foreign exchange tied to more than $10 billion in transactions in 17 countries in Europe and Southern Africa.
