EMVCo Reports 3.4 Billion EMV Chip Payment Cards in Global Circulation

Posted on by Staff Writer | 7637 Views | 11 min read

Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV chip technology. By the end of last year, the number of EMV payment cards in circulation rose by 1 billion, up 43%, to 3.4 billion, from 2.37 billion in Q4

Global Financial Cards Circulation Reaches 25.1 Billion in 2014

Posted on by wademinnie | 7779 Views | 7 min read

Market research company Euromonitor International released new global data on the consumer finance industry. According to the data, 25.1 billion financial cards are currently in circulation globally with USD$56.7 billion dollars in transactions occurring in 2014. The US accounts for 3.4 billion cards and USD$10.1 billion in transactions. Emerging markets such as China and Brazil