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Contact Only Payment Card Integrated Circuit (IC) Shipments: 2025 to 2031

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SOURCE RESEARCH

Payment and Banking Card Secure IC Technologies

Market Data | 3Q 2026 | MD-PBIC-123

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ABI Research forecasts total contact only payment card Integrated Circuit (IC) shipments to decrease from 327 million units in 2025 to 197 million in 2031, representing a Compound Annual Growth Rate (CAGR) of -7%. ATM cards drive, by far, the most demand for contact only ICs.

Dual-interface cards (including contactless) will continue to dominate the banking industry, providing greater convenience and flexibility for customers.

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Payment and Banking Card Technologies

Market Data | 3Q 2024 | MD-PBSC-32