The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global cards & payments market is expected to grow from $833.27 billion in 2022 to $903.22 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The market size of global cards & payments market is expected to grow to $1238.14 billion in 2027 at a CAGR of 8.2%.

Cards and payments companies are investing in technologies and formulating guidelines to prevent card and payment fraud.

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Major companies in the cards and payments market include American Express, Banco Santander, Visa, PayPal, MasterCard, Nippon Telegraph and Telephone Corp, Industrial and Commercial Bank of China, Apple, China Construction Bank, and Intesa Sanpaolo.

Cards and payments companies are investing in technologies and formulating guidelines to prevent card and payment fraud. In this regard, payment service providers and merchants have implemented various solutions, including the Payment Card Industry Data Security Standard (PCI DSS) compliance, EMV technology, 3-D Secure services, tokenization, biometrics, and end-to-end encryption. To combat the constantly evolving card fraud methods, the National Retail Federation (NRF) also updates its security guidelines continuously.

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Global Cards & Payments Market Segments Include:

• By Type: Cards, Payments
• By Institution Type: Banking Institutions, Non-Banking Institutions
• By Application: Food And Groceries, Health And Pharmacy, Restaurants And Bars, Consumer Electronics, Media And Entertainment, Travel And Tourism, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global cards & payments market in 2021

The Cards & Payments Global Market Report 2023  provides an overview of the cards & payments market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The cards & payments market forecast analyzes cards & payments market size, cards & payments market share, leading competitor and their market positions.

Cards are provided by a bank or other financial organization, which enables users to withdraw money or make purchases using a line of credit. Payment instruments are systems that enable funds held in accounts at credit, payment or similar institutions to be transferred to a payee on receipt of a payment order.

The Table Of Content For The Cards & Payments Market Include:

1. Cards & Payments Market Executive Summary
2. Cards & Payments Market Segments
3. Cards & Payments Market Size And Cards & Payments Market Growth Rate
4. Key Cards & Payments Market Trends
5. Major Cards & Payments Market Drivers
……
25. Key Mergers And Acquisitions In The Cards & Payments Market
26. Top Cards & Payments Companies
27. Cards & Payments Market Opportunities And Strategies
28. Cards & Payments Market, Conclusions And Recommendations
29. Appendix

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