Article

Payment Cards Projected Worldwide —2023 through 2028

General purpose and private label credit, debit and prepaid cards in circulation worldwide are projected to reach 29.99 billion by December 31, 2028. At year-end 2023 that figure was 26.71 billion. The global card brand general purpose cards are UnionPay, Visa, Mastercard, JCB, American Express and Discover/Diners Club. Combined, they are projected to reach 19.38 billion cards by the end of 2028, up from 17.22 billion at year-end 2023. Of all payment cards in circulation worldwide including private label, global brand general purpose cards accounted for 64.47% at year-end 2023. Global br...

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January 2024
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