Ads Promoting Apple Pay at Checkout Produce Results

Ads Promoting Apple Pay at Checkout Produce Results

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] New research discovered smartphone users shown digital advertising at point-of-sale are more apt to pull out their iPhone to make a purchase, and even spend more during the transaction. USA Technologies (USAT) tested whether targeted point-of-sale advertising of Apple Pay acceptance would increase usage of mobile payments by consumers. Initial findings…

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Visa Accelerates the U.S. EMV Migration

Visa Accelerates the U.S. EMV Migration

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa is adding more gas to the pipeline to accelerate EMV chip migration for U.S. merchants. Visa has streamlined its testing requirements, amended and simplified the terminal certification process, and committed to investing further resources and technical expertise in a manner that can reduce timeframes by as much as 50%. Visa…

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OT Powers NFC Payments via the Swatch Bellamy Watch

OT Powers NFC Payments via the Swatch Bellamy Watch

Oberthur Technologies (OT) has buddied with Swatch to provide contactless payment to customers in Switzerland via the Swatch Bellamy watch. OT’s FlyBuySE (Secure Element) is fully integrated within Swatch Bellamy watches and provides a high level of security while enabling seamless payments and transactions. OT’s latest portfolio covers a broad range of payment networks and…

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Credit Card Usage in Canada to Hover at 1.6% CAGR

Credit Card Usage in Canada to Hover at 1.6% CAGR

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Purchase dollar volume (PDV) in Canada for Visa and MasterCard has been plummeting over the past five quarters, however card issuance in the first quarter (1Q/16) for both networks remained in double-digits year-on-year (YOY). The P&S Market Research’s “Canada Cards and Payments Market – Size, Share, Development, Growth and Forecast to…

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Credit Card Usage in UK Expected to Grow

Credit Card Usage in UK Expected to Grow

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The frequency of credit card usage in the UK increased at a CAGR of 9.4% during 2012-2014 and the frequency of transaction is expected to reach up to 61 times by 2020. According to the P&S Market Research “UK Cards and Payments Market – Size, Share, Development, Growth and Forecast to…

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Debit Cards to Continue to Dominate the Market in Brazil

Debit Cards to Continue to Dominate the Market in Brazil

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Based on Gross Dollar Volume (GDV) debit cards hold a 64.6% share in the Brazilian payment card market while credit cards had 35.4% share. According to P&S Market Research’s Brazil Cards and Payments Market – Size, Share, Development, Growth and Forecast to 2020, the debit cards dominant share is likely to…

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China Card Market Expected to Slow Thru 2020

China Card Market Expected to Slow Thru 2020

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] While robust, the payment card market in China is expected to ramp down in tandem with the economy over the next five years. Timetric’s “The Cards and Payments Industry in China: Emerging Trends and Opportunities to 2020” provides values and volumes for a number of key performance indicators in the industry,…

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