Global chip shortages drive increased costs for contactless card manufacturers and issuers

the NIlson report red and black logo

The price of EMV-compliant chips supplied to contactless payment card manufacturers increased by more than 50% in 2021 and is expected to rise by more than 20% during 2022 with the overall cost to card issuers for finished first-use plastic cards rising by between 5% and 20% during 2021, according to US research firm Nilson Report... More



What's New in Payments

Entrust to offer digital-first payment solutions via Antelop acquisition

Antelop and Entrust digital first cobrand with 2 women using smartphones

PARTNER NEWS: The acquisition of Antelop Solutions by Entrust will enable the development of more comprehensive solutions for the issuance of both digital and physical payment cards and offer customers “true digital-first payment credentials with physical card synergies that fully align with consumer expectations for simplicity and security,” the companies have revealed... More









Covid-19 pandemic cuts demand for plastic cards

ICMA International Card Manufacturers Association logo

The total value of the global plastic cards market has fallen by US$3bn over the course of the Covid-19 pandemic, with the number manufactured worldwide falling by 19.7% from 37.1bn in 2019 to 29.8bn in 2020, according to the International Card Manufacturers Association (ICMA)... More