The banking population across the world is increasing year by year. Over the next six years ABI Research expects the payment card installed base to increase by approximately 43%. Alongside an increasing banking population is the growing demand for smart payment cards and heightened security that comes in the form of the EMV (Europay, MasterCard, Visa) standard. Each year EMV migration grows, with more countries seeing the benefits that others have already experienced. Primarily adopted as a means of reducing fraud, the standard could one day become the first global "transparent" payment method.This study addresses all the market and technical drivers and inhibitors affecting the payment card market. Examining smart-cards, EMV migration and traditional mag-stripe technology, this study provides ABI Research's view of the most likely future market changes and developments. The report is accompanied by installed base and shipment data segmented by product type and IC interface for all regions and countries which have shown increased activity in the market place.