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





What's New in Payments

Visa proposes CBDC protocol that lets consumers exchange digital cash via Bluetooth or NFC

Visa paper on CBDC protocol enabling consumers to exchange digital cash via NFC or Bluetooth

Visa has published a research paper exploring an offline payment system (OPS) protocol for central bank digital currencies (CBDC) that would enable users to make digital payments to other users even when both sender and recipient are temporarily offline or unable to connect to a bank, payment network or other intermediary... More















What's New in Payments

European Central Bank sets out case for a digital euro

European Central Bank digital euro CBDC

The introduction of a digital euro “would support Europe’s drive towards continued innovation”, “strengthen the international role of the euro” and provide consumers with “free access to a simple, universally accepted, risk-free and trusted means of payment”, according to a new report published by the European Central Bank (ECB)... More