World Smart and EMV Payment Cards Market 2010 - 2016

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3Q 2011 | IN-1008858

The Smart Payment Cards Market


Smart and EMV cards are set to make a major impact in the payment cards market over the next five years, increasing their penetration and presence in the overall payment cards market. So why are banks looking to migrate to smart or EMV IC’s and how this will effect shipments into the market?

What Is Driving The Smart Payment Card Market?


With the exception of a few programs (in the United States and Japan, for example), payment cards worldwide that incorporate an IC adhere to the EMV (Euro, MasterCard, Visa) standard. Banks and countries wish to adopt smart card payment applications for an array of reasons: 

  • Creating a widespread system to allow customers have access to banking facilities anywhere ...

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