Convenience, security boost payment cards market, says Global Industry report
Global Industry Analysts, San Jose, Calif., has released a new report,”Payment Cards: A Global Outlook,” that provides statistical anecdotes, market briefs, and summaries of research findings concerning payment cards. One of its findings is that payment cards have emerged as a secure alternative to paper-based payments among consumers. Convenience, security and ease of use are the major factors encouraging consumers to use these cards for day-to-day transactions. Plus, the report notes, adoption of contactless technology is expected to boost market prospects.
The report also provides a summary of recent mergers, acquisitions and other corporate developments in the industry and includes a look at major regional markets, including the United States, Canada, Japan, Europe, Austria, Belgium, Germany, Hungary, Italy, Switzerland, UK, China, Hong Kong, Malaysia, South Korea, Argentina Brazil, and Mexico.
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