The Business Research Company’s Cards
& Payments global market report, covers the year-on-year growth of the global
Cards & Payments market historic and forecast growth. It also includes
chapters on the Cards & Payments market trends, geographical analysis, and
competitive landscape.
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the report at:
The global cards and payments market size is
expected to reach above $500 billion by 2022, significantly growing at a CAGR
of around 6.8% during the forecast period.
Cards
& Payments Market Trends
The
cards and payments market consists of sales of cards and payments services by
entities (organizations, sole traders and partnerships) that engage in storing,
processing and transmitting payment card data. The card and payments industry
includes issuing and acquiring banks, card processing and issuing companies,
payment processing institutions such as banks, and non-banking financial
corporations. Revenues generated from the cards and payments market include the
processing and services fees or commissions levied by the banks and financial
institutions for payment processing. This market excludes interest charged by
the banks on credit cards or other cards.
Growing
adoption of Europay, MasterCard, and visa (EMV) technology, increasing focus on
security of card payments, growing demand of prepaid cards, are the major
trends witnessed in the global cards and payments market.
The global Cards & Payments market is primarily driven by rise
in increase increasing government initiatives in countries such as India and
China to promote digital payments, improved earning capacity, emerging markets
growth.
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a sample of the report:
The global Cards & Payments market report covers the
following regions under the geographical
analysis section: Asia Pacific,
Western Europe, North America, Middle East, Africa, South America, and Eastern
Europe. Major countries under each of these regions are also covered under the
country analysis chapters.
With greater stability in the oil and gas
industry and high consumption of refined petroleum, the global Cards &
Payments market is expected to increase in potential and scope. TBRC’s report
also covers the Cards & Payments drivers and restraints in the market.
The global Cards & Payments market’s segment shares in
each geographic region are mentioned in the report, along with the historic and
forecast growth rates for each segment presented visually with supporting
reasons to justify the growth rates.
The top companies included in the global Cards
& Payments market report are American Express Company, Visa, Bank of
America, PayPal, Mastercard.
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researchers in 15 countries globally.
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