New Smart Card Commercial is more than 42%, growing up quickly in China and America
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EMV Card Commercial is more than 42%, growing up quickly in China and America

Date:2017-07-22              Share:  0

 

EMVCo published its statistic analysis, which shows that the year-on-year growing amount of EMV chip contact card and contactless card.

The statistic show that EMV is compatible in 42.4% of global card commercial during July 2015 to June 2016, which is 33% before July 2015.

EMV trade need the EMV card and terminal equipment.The statistic reflects the average trade amount of 12 mouths. EMVCo said, the payment technology is used all the time, so the instant statistic is probably higher than above statistic.

Soumya Chakrabarty is the CEC of EMVCo, said, “development of EMV chip technology push the carry of globalized payment frame, broaden payment method and using environment.”

“The using area is growing, beside, the latest statistic show that amount of using in regions equipped with EMV equipment is growing fast, such as America and China. EMVCo predicts that it will keep growing, which means that EMV will be more than half of global card commercial.”