Search results
Results from the WOW.Com Content Network
The payments industry’s 2022 performance shows ongoing change with opportunities for growth and margin improvement across geographies and products. A close look at revenues uncovers structural changes, including new developments in instant payments and digital wallets.
The payment card industry (PCI) denotes the debit, credit, prepaid, e-purse, ATM, and POS cards and associated businesses. Overview. The payment card industry consists of all the organizations which store, process and transmit cardholder data, most notably for debit cards and credit cards.
The PCI Security Standards Council (PCI SSC) is a global forum that brings together payments industry stakeholders to develop and drive adoption of data security standards and resources for safe payments worldwide.
Credit cards are a US payments ecosystem staple, and although their prominence fell at the start of the pandemic, tides turned by late 2021—JPMorgan Chase posted 19.8% growth across the two years ending in Q3 2021, while Wells Fargo’s credit card point-of-sale volume rose 29.9% over the same period.
In a highly competitive payments landscape, customers (and regulators) demand faster and more secure transactions. As a result, strong risk management is increasingly an imperative for payments institutions. Our analysis of the industry’s shifting dynamics highlights four areas companies can focus on to gain a competitive edge. 1.
Demonstrating the resilience of the payments industry, overall electronic payment transactions grew at a 19 percent rate in 2021—in line with prepandemic growth rates. Global e-commerce registered growth of roughly 17 percent, primarily driven by China, which now accounts for roughly half of global retail e-commerce sales.¹ The most
Access the full ‘State of Global Payment Market’ report today to explore the main drivers and trends transforming the global payment industry, and find out how Mastercard Data & Services can help you navigate the challenges and opportunities of this evolving market.
BCG’s 20th annual study of the global payments industry examines how all participants in the payments ecosystem—including acquirers, issuers, networks, wholesale transaction banks, and fintechs—can raise their game by pursuing new strategies for growth.
BCG’s 20th annual study of the global payments industry examines how all participants in the payments ecosystem—including acquirers, issuers, networks, wholesale transaction banks, and fintechs—can raise their game by pursuing new strategies for growth.
Payment card industry (PCI) compliance helps ensure the security of each one of your business’s credit card transactions.