Purchase transactions in the general purpose payment card industry are projected to reach 515.42 billion by 2024. These card-present and card-not-present type payments for goods and services are generated by credit, debit, and prepaid cards with Visa, MasterCard, American Express, Discover, JCB, Diners Club, UnionPay, Interac (Canada), RuPay, Mir, and PIN-based EFT system (U.S.) brands.
Cards issued in the U.S. generated 41.25% of the global purchase transaction total in 2014. The United States’ market share is projected to fall to 31.69% by 2024, even though the region is projected to se...
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