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

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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



Global QR code transaction values to exceed US$3tn by 2025

Juniper Research graph showing global QR code transaction values to exceed US$3tn by 2025

The total transaction values for payments made using QR codes worldwide will reach more than US$3tn by 2025, an increase of 25% from US$2.4tn in 2022, driven by an increasing focus on financial inclusion in developing markets and alternative payment methods in developed regions, according to a forecast by Juniper Research... More






Digital identity market revenues to reach US$53bn in 2026

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Total global revenues from the provision of digital identity services and technologies, including third-party and civic identity apps, centralised identity schemes and digital ID verification, will exceed US$53bn in 2026 compared with US$26bn in 2021, according to a forecast by Juniper Research... More