A total of 450million contactless cards, twice the number produced in 2012, were shipped in 2013 by members of the Smart Payment Association, a group that accounts for 85% of the market. Some 37% of all payment cards shipped in the year included contactless functionality while the number of dual-interface cards, which accounted for 94% of contactless shipments in 2013, grew 115%. The Asia Pacific region saw the highest growth at 193%, followed by 64% in Europe and 45% in the Americas.
- Square arrives in the UK
- Nordic banks roll out first mobile payment services with support for Dankort
- Boston Fed calls for clearer value proposition to encourage mobile payments
- Apple Pay to launch in Taiwan on March 29?
- Wells Fargo to add NFC mobile withdrawals to ATMs later this year