The general purpose payment card industry is projected to reach 468.61 billion purchase transactions for goods and services by 2023 including card-present and card-not-present types. This will be an increase of 281.58 billion from the 187.03 billion purchase transactions in 2013 generated by credit, debit, and prepaid cards with Visa, MasterCard, American Express, Discover, JCB, Diners Club, UnionPay, Interac (Canada), and PIN-based EFT system (U.S.) brands.
Cards issued in the U.S. generated 43.72% of the global purchase transaction total in 2013. The United States’ market share is proje...
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