2003 Cards Online Operations 
PYMNTS
OCTOBER 5, 2016
The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.
PYMNTS
JUNE 3, 2020
It now operates in 18 countries in Latin America. I would say the most relevant variables across Latin America are banking penetration and credit card penetration,” Gimenez noted. One difference is the use of debit cards online. Therein lies the value proposition for Mercado Pago. percent year over year. million. .
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PYMNTS
JUNE 22, 2020
Credit and debit card penetration in markets like Mexico is still low compared to the U.S. For example, so many of Mexico’s consumers who might be interested in purchasing their products may not have credit or debit cards to pay for their purchases. Global Reach, Local Payments Solutions.
PYMNTS
JANUARY 28, 2019
Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. Yes, I know that for many of you, especially in California, this is old news and standard operating procedure – but hear me out. Surcharging has been permitted Down Under since 2003.
PYMNTS
JULY 12, 2019
Mobile devices enable fast and secure access to services, many of which are solely available online. Digital wallets for holding plane tickets, credit cards or club memberships have been in use for several years now, but digital IDs still have a long way to go before they can entirely replace their physical counterparts.
PYMNTS
OCTOBER 26, 2018
That comes in the wake of BEC scams that are growing as a threat to companies of all sizes and industries as they conduct B2B operations. The South China Morning Post reports that the SFC has set up a form online through a page titled “Reporting corporate fraud and market misconduct.”
PYMNTS
JULY 11, 2016
True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. The virtuous circle of commerce online began.
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