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Visa On Tap To Pay, Cash Displacement And B2B Payments

PYMNTS

Visa President Ryan McInerney said that beyond the core card business there remains the opportunity to “capture new flows of money using our expanding network of networks.” Drilling down a bit further into tap to pay metrics, the company has 145 million tap to pay cards in the U.S., will issue tap to pay cards. B2B Potential.

Payments 163
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NRF Warns Against EMV Verification Flaws

PYMNTS

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

Fraud 131
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EMV card adoption booms with 4.8bn in circulation

NCR

The number of EMV payment cards in global circulation had rocketed more than 40 per cent year on year by the end of 2015, new statistics from EMVCo have revealed. billion ‘chip-and-pin’ cards when the data was collected, and 35.8 The region’s chip card adoption rate jumped to 52.3 There were 4.8

Cards 75
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Europe, CNP Fraud Trendsetter?

PYMNTS

Fraud varies country to country, region to region. Just as payment methods are varied, so too are the ways that people pay, and whether, given a certain locale, they prefer paper (cash) over plastic (via mag stripe or chip card), or mobile over interactions with the cashier — these differences color fraud as well.

Fraud 116
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What’s driving the boom in online card payments?

NCR

But the number one option remains online card payments, and new research has highlighted several reasons why this is the case. One of the key drivers for online card payments at the moment is the growing proliferation of mobile devices. Where card payments still lag behind. Mobile usage boosts growth.

Online 61
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Singapore, Thailand Love Instagram, eCommerce

PYMNTS

The region’s internet economy is projected to become a $278 billion market by 2025 , with immense growth expected in all online sectors, but especially in mobile payments as companies across the region invest more in digital infrastructure. The region’s most technologically advanced nation, Singapore, is working toward a smart nation.

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NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021

PYMNTS

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. However, nearly two years after the policy launched in 2016, cash remains a key component of the nation’s economy. percent from 2016 to 2021.

Report 104