Financial Services & Insurance Research News

Emvs with contactless cards revolutionizes the USA cards and payments market according to new research report

Financial Services Market Research

USA Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Transaction Value, Volumes, Historical Trends, Analysis And Forecasts (2017 -2021)

The USA Cards and Payments Market report provided by Market Data Forecast claims that 55% of card purchases happened in 2017 were accounted by the chip-based cards and were being accepted by 96% of the top 200 merchants. The transaction percentage has been doubled from 26% at the start of 2017.

Around 80% of the ATMs in the country are chip-enabled, as per the records of ATM industry association.

Browse details of USA Cards and Payments Market Report at…ents-Market-6687/ Make an Inquiry about this news

EMV elaborated as Europay, MasterCard and Visa is a chip-based card system that provides the international standards for credit and debit cards.