Thursday, 11 February 2016

Spending At Merchants On General Purpose Payment Cards Projected To Reach $48.670 Trillion By 2024 According To The Nilson Report

CARPINTERIA, Calif., Feb 10 (Bernama) -- Worldwide purchases of goods and services generated by credit, debit, and prepaid cards is projected to reach $48.670 trillion by 2024 according to the annual report Global Card Spending in the current issue of The Nilson Report, the top trade journal covering the card and mobile payment industries. These card-present and card-not-present type payments were initiated by credit, debit, and prepaid cards with American Express, Diners Club, Discover, JCB, MasterCard, Mir, RuPay, UnionPay, Visa, and PIN-based EFT system brands.

http://www.bernama.com/bernama/v8/newsindex.php?id=1214304

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