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    Global Payment Cards Data and Forecasts to 2020

    News about Global Payment Cards Data and Forecasts to 2020.

    Contactless payments across Europe set to rise nine-fold by 2020

    December 9th, 2015

    The volume of contactless payments in Europe is forecast to rise almost nine-fold to 12.2bn in 2020 compared to 2014 and account for 13% of all card payments, according to research released by RBR. The number of contactless cards issued is also expected to treble from 2014 to just short of 700m by 2020 — representing more than 40% of the total regional card base. More