Issuing bank

Latin America Online Payment Methods Market Analysis Report 2022 - Credit and Debit Cards at the Top of B2C E-Commerce Payments

Retrieved on: 
Monday, September 19, 2022
Online, Payment, E-commerce credit card payment system, Fraud, Credit, Consumer, PIX, Region, 2020–2021 Iranian protests, Credit card, Total, Issuing bank, Retail, E-commerce payment system, Video game, Cryptocurrency, Payment card, Online shopping, Mobile phone, Sales, Ridesharing company, Financial services, Marketing, B2C, Debits and credits

Online & Mobile Payment Trends, May 2022

Key Points: 
  • Online & Mobile Payment Trends, May 2022
    Payment Value, by E-Commerce Payments and POS Payments, in USD trillion, 2021 & 2026f
    Share of Cash Payments, in % of Total POS Transaction Value, by Region, 2021 & 2025f
    Value of Contactless Card Transactions, in USD trillion, 2020 & 2021e
    Share of Contactless Card Transactions, in % of Overall Contactless Transaction Value, 2021e
    BNPL Share of B2C E-Commerce Payments, in %, 2021e & 2026f
    Value of Digital Wallet Transactions, in USD trillion, 2022f & 2026f
    Number of B2C E-Commerce Transactions Paid by OEM Mobile Payment Apps, in billions, 2022f & 2026f
    Number of Mobile Wallet Users, by Region, in millions, 2020 & 2025f
    Proximity Mobile Payment Users Worldwide, in millions, and Year-on-Year Change, in %, 2020-2025f
    Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2020-2025f
    Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2021e
    Online & Mobile Payment Trends, May 2022
    Breakdown of Total E-Commerce Sales by Payment Methods, in %, 2021e
    E-Commerce Payment Volume, by Payment Method, in USD billion, and Year-on-Year E-Commerce Payment Method Growth, in %, 2021e
    Card Ownership in Select Countries, by Card Type, in % of Banked Internet User Population, 2020 & 2021
    Breakdown of Payment Methods in B2C E-Commerce, in % of Sales Volume, 2021
    Top Payment Methods Used in Mobile Shopping, in % of Mobile Shoppers, June 2021
    Value of Overall Card Payments, in BRL trillion, 2019-2021
    Value of Debit and Credit Card Payments, in BRL billion, 2020 & 2021
    Card Ownership, by Debit, Credit and Prepaid Cards, in % of Banked Internet Users, 2020 & 2021
    Number of Real-Time Payment Transactions, in billions, 2020 & 2025f
    Share of Online Transactions that PIX Users Pay by PIX, in %, 2021
    E-Commerce Transactions Paid with PIX, in % of Total E-Commerce Volume, 2024f
    Top Reasons Not to Use Mobile Payment App, in % of Consumers, June 2021
    Share of Respondents Who Suffered from Financial Fraud, in %, 2019 & 2021
    E-Commerce Payment Volume, by Payment Method, in USD billion, and Year-on-Year E-Commerce Payment Method Growth, in %, 2021e Breakdown of Online Card Payments by Debit and Credit Card, in %, Q1 2021
    Number of Real-Time Payment Transactions, in billions, 2020 & 2025f
    Card Ownership, by Debit, Credit and Prepaid Cards, in % of Banked Internet Users, 2020 & 2021
    Payment Methods Used To Pay For Cross-Border Online Purchases, in % of Cross-Border Online Shoppers, February 2021
    Payment Methods Used During Hot Sale 2021, in % of Online Shoppers, June 2021
    Buy Now Pay Later's Share of B2C E-Commerce Sales, in %, 2021 & 2025f
    Average Share of Mobile Fraud, in % of Total Fraud Losses Experienced by Retailers, 2019 & 2021e
    Breakdown of B2C E-Commerce Sales by Payment Methods, in %, 2021
    Breakdown of B2C & C2C E-Commerce Sales by Payment Method, in %, 2020 & 2021
    Card Ownership, by Debit, Credit and Prepaid Cards, in % of Banked Internet Users, 2020 & 2021
    Top Payment Methods Used in the Past Month, in % of Banked Internet Users, 2020 & 2021
    Growth of QR Payment Methods, incl.
  • Change in Number of Transactions, Invoices and Operators, in %, November 2021 Compared to September 2021
    Breakdown of B2C E-Commerce Sales by Payment Methods, in %, 2021e
    Top Payment Methods Used in the Past Month, in % of Banked Internet Users, 2020 & 2021
    Card Ownership, by Debit, Credit and Prepaid Cards, in % of Banked Internet Users, 2020 & 2021
    Top Payment Methods Used, in % of B2C E-Commerce Purchases, 2021e
    E-Commerce Payment Volume, by Payment Method, in USD billion, and Year-on-Year E-Commerce Payment Method Growth, in %, 2021e
    Share of Online Shoppers Using ServiPag, in %, January 2022
    Top Payment Methods Used in the Past Month, in % of Banked Internet Users, 2020 & 2021
    Breakdown of B2C E-Commerce Sales by Payment Method, in %, 2020 & 2021
    E-Commerce Payment Volume, by Payment Method, in USD billion, and Year-on-Year E-Commerce Payment Method Growth, in %, 2021e
    Card Ownership, by Debit, Credit and Prepaid Cards, in % of Banked Internet Users, 2020 & 2021
    Top Payment Methods Used in the Past Month, in % of Banked Internet Users, 2020 & 2021

Latin America Online Payment Methods Market Report 2022: Digital Payments Are on the Rise in Latin America, while Cash Declines Post-Pandemic - ResearchAndMarkets.com

Retrieved on: 
Monday, July 4, 2022
Professional Services, Finance, Online, Consumer, Retail, Payment, Issuing bank, Credit, E-commerce credit card payment system, PIX, Fraud, Credit card, Total, 2020–2021 global chip shortage, Sales, Online shopping, Ridesharing company, Financial services, Marketing, Debits and credits, B2C

Breakdown of Payment Methods in B2C E-Commerce, in % of Sales Volume, 2021

Key Points: 
  • Breakdown of Payment Methods in B2C E-Commerce, in % of Sales Volume, 2021
    Top Payment Methods Used in Mobile Shopping, in % of Mobile Shoppers, June 2021
    Value of Overall Card Payments, in BRL trillion, 2019-2021
    Value of Debit and Credit Card Payments, in BRL billion, 2020 & 2021
    Card Ownership, by Debit, Credit and Prepaid Cards, in % of Banked Internet Users, 2020 & 2021
    Number of Real-Time Payment Transactions, in billions, 2020 & 2025f
    Share of Online Transactions that PIX Users Pay by PIX, in %, 2021
    E-Commerce Transactions Paid with PIX, in % of Total E-Commerce Volume, 2024f
    Top Reasons Not to Use Mobile Payment App, in % of Consumers, June 2021
    Share of Respondents Who Suffered from Financial Fraud, in %, 2019 & 2021
    E-Commerce Payment Volume, by Payment Method, in USD billion, and Year-on-Year E-Commerce Payment Method Growth, in %, 2021e Breakdown of Online Card Payments by Debit and Credit Card, in %, Q1 2021
    Number of Real-Time Payment Transactions, in billions, 2020 & 2025f
    Card Ownership, by Debit, Credit and Prepaid Cards, in % of Banked Internet Users, 2020 & 2021
    Payment Methods Used To Pay For Cross-Border Online Purchases, in % of Cross-Border Online Shoppers, February 2021
    Payment Methods Used During Hot Sale 2021, in % of Online Shoppers, June 2021
    Buy Now Pay Later's Share of B2C E-Commerce Sales, in %, 2021 & 2025f
    Average Share of Mobile Fraud, in % of Total Fraud Losses Experienced by Retailers, 2019 & 2021e
    Breakdown of B2C E-Commerce Sales by Payment Methods, in %, 2021
    Breakdown of B2C & C2C E-Commerce Sales by Payment Method, in %, 2020 & 2021
    Card Ownership, by Debit, Credit and Prepaid Cards, in % of Banked Internet Users, 2020 & 2021
    Top Payment Methods Used in the Past Month, in % of Banked Internet Users, 2020 & 2021
    Growth of QR Payment Methods, incl.
  • Change in Number of Transactions, Invoices and Operators, in %, November 2021 Compared to September 2021

Paylani and Bluefin Partner for CardSync Account Updater

Retrieved on: 
Monday, April 11, 2022
Risk, QuickBooks, 3-D Secure, Partner, Partnership, P2PE, ACH, PHI, MSP, PII, Research, Bluefin, Micro ISV, PCI, IOS, CEO, Government, Software, Industry, Technology, MOTO, Android, American Express, Sales (accounting), ISO, Solution, Efficiency, Issuing bank, Education, Acquiring bank, Cryptocurrency, Online shopping, E-commerce

LAS VEGAS and ATLANTA, April 11, 2022 /PRNewswire-PRWeb/ -- Paylani, an innovative PayTech company, has partnered with integrated payments and security leader, Bluefin, to provide Bluefin's PayConex™ gateway clients the convenience and efficiency of a universal account updater platform called CardSync.

Key Points: 
  • Through the partnership, Bluefin's PayConex payment gateway clients will get the convenience, efficiency, cost savings and revenue-enhancement of Paylani's CardSync Account Updater Platform
    LAS VEGAS and ATLANTA, April 11, 2022 /PRNewswire-PRWeb/ -- Paylani, an innovative PayTech company, has partnered with integrated payments and security leader, Bluefin, to provide Bluefin's PayConex gateway clients the convenience and efficiency of a universal account updater platform called CardSync.
  • CardSync works seamlessly with Visa Account Updater, Mastercard Account Billing Updater, Discover Global Network's Account Updater, and their respective participating Issuing Banks worldwide.
  • We are excited to partner with CardSync to bring Bluefin's merchants a completed automated, efficient and convenient account updater solution that will enhance customer satisfaction, maintaining recurring revenue streams and decrease costs."
  • "To my knowledge and by virtue of this partnership, Bluefin will be the first gateway to provide account updater service for their American Express merchants.

New Outseer Fraud & Payments Report Confirms Massive Increase in Brand Abuse Cyber Attacks, Jumping 158% From Q1 2020

Retrieved on: 
Thursday, June 24, 2021
Software, Networks, Internet, Data management, Technology, Mobile, Wireless, Other Technology, Security, Money, Articles, Crime, Payment systems, Payment processor, Payments, Malware, Fraud, Issuing bank

Outseer has published its latest quarterly fraud and payments report, uncovering a significant spike in brand abuse attacks and a continued shift to more precise payment authentication methods.

Key Points: 
  • Outseer has published its latest quarterly fraud and payments report, uncovering a significant spike in brand abuse attacks and a continued shift to more precise payment authentication methods.
  • View the full release here: https://www.businesswire.com/news/home/20210624005352/en/
    According to the report, Brand Abuse attacks impersonating companies through social media and published content now represents the majority of fraud attacks, growing from 27% in Q4 2020 to 68% in Q1 2021.
  • At just 7% of mix, Trojan Horse attacks injecting malware designed to harvest sensitive information and user credentials dropped again as threat actors have shifted fraud strategies to Brand Abuse.
  • Our payment and account monitoring solutions increase revenue and reduce customer friction for card issuing banks, payment processors, and merchants worldwide.

JCB Accelerates Business Expansion in ASEAN Region with Opening of New Department in Singapore

Retrieved on: 
Monday, June 14, 2021
Money, Payment systems, Financial services, Finance, Merchant services, Credit cards, ASEAN, JCB, Issuing bank, JCB Co., Ltd.

The ASEAN Business Enhancement and Creation Department will further accelerate the development of new payment services through strategic partnerships and investments with local financial institutions and start-ups, and with Japanese companies operating in the rapidly growing ASEAN region.

Key Points: 
  • The ASEAN Business Enhancement and Creation Department will further accelerate the development of new payment services through strategic partnerships and investments with local financial institutions and start-ups, and with Japanese companies operating in the rapidly growing ASEAN region.
  • In addition, the new department will proactively seek to create new business opportunities beyond the framework of our current payment business in the ASEAN region.
  • JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan.
  • JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981.

Less Than Half of Major Fuel Merchants Meet Extended EMV Deadline, According to New ACI Worldwide Data

Retrieved on: 
Monday, April 19, 2021
Other Retail, Professional services, Oil, Gas, Supermarket, Department Stores, Energy, Technology, Convenience store, Security, Retail, Other Professional Services, Finance, Other Technology, Financial services, EMV, Banking, Merchant services, Payment systems, Money, Issuing bank, Gasoline pump

b'New data from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions , shows that as of April 17, 2021 \xe2\x80\x94 the extended EMV liability shift deadline \xe2\x80\x94 less than half (48%) of fuel merchants will meet EMV automated fuel dispenser (AFD) compliance mandates.

Key Points: 
  • b'New data from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions , shows that as of April 17, 2021 \xe2\x80\x94 the extended EMV liability shift deadline \xe2\x80\x94 less than half (48%) of fuel merchants will meet EMV automated fuel dispenser (AFD) compliance mandates.
  • As of the extended deadline, the liability for fraud will now shift from card issuers to fuel merchants.\nACI surveyed fuel merchants that collectively represent 45,000 gas stations nationwide \xe2\x80\x94 including major oil companies, grocers and convenience stores.
  • The data showed that only 50 percent of fuel merchants who were not fully implemented expect to be EMV compliant by the end of 2021.\n\xe2\x80\x9cAlthough previously protected from fraud losses, merchants will now bear the brunt of fraud overnight,\xe2\x80\x9d said Debbie Guerra, executive vice president, ACI Worldwide.
  • \xe2\x80\x9cWhile EMV compliance is a major undertaking, and one that requires a significant capital investment, there is no doubt that the pandemic also played a big role in some fuel merchants\xe2\x80\x99 inability to meet the April deadline.

Credit Cardholder Survey Reveals Early Changes from the Pandemic's Onset

Retrieved on: 
Thursday, March 25, 2021
Payment systems, Financial services, Money, Finance, Credit card, Debit card, Payment card, Charge card, Issuing bank, Interchange fee, EFTPOS

While credit cards remain the preferred payment card both in-store and online, the number of households reporting they use a general purpose network branded credit card was down in 2020.

Key Points: 
  • While credit cards remain the preferred payment card both in-store and online, the number of households reporting they use a general purpose network branded credit card was down in 2020.
  • Non-revolving charge cards and debit cards are the primary beneficiaries when consumers reduce their use of credit cards.
  • "These survey results are a foreshadowing of changes expected to play out more dramatically in 2021," stated Theodore Iacobuzio, Vice President of Research at Mercator Advisory Group.
  • "Shifts in card usage, and notably credit card rewards, may have major strategic impacts down the road for card issuers."

Stori raises $32M Series B round to become Mexico's leading credit card issuer for the rising middle class

Retrieved on: 
Thursday, February 25, 2021
Payment systems, Financial services, Banking, Money, Credit card, Issuing bank

The new financing will support the company's rapid growth as it is quickly becoming a top credit card issuer in the country.

Key Points: 
  • The new financing will support the company's rapid growth as it is quickly becoming a top credit card issuer in the country.
  • In the middle of the pandemic, Stori has been working tirelessly to meet Mexico's huge, growing demand for flexible consumer credit and reliable digital financial services.
  • Currently, less than 15% of Mexico's adult population have access to a credit card.
  • Stori is growing its customer base fast and is well on the way to transforming the credit card landscape in Mexico.

Marqeta Rounds Out Comprehensive Card Issuing Capabilities With New Credit Card Platform, Allowing Innovators to Launch Next-Generation Credit Card Programs

Retrieved on: 
Thursday, February 18, 2021
Other Retail, Banking, Online Retail, Technology, Professional services, Other Technology, Retail, Other Professional Services, Mobile, Wireless, Hardware, Finance, Financial services, Payment systems, Money, Finance, Credit cards, Debit cards, RuPay, Issuing bank, Marqeta, Deserve

Marqeta , the global modern card issuing platform, today announced its expansion into the consumer credit card market to support innovative businesses that want to launch modern credit card programs.

Key Points: 
  • Marqeta , the global modern card issuing platform, today announced its expansion into the consumer credit card market to support innovative businesses that want to launch modern credit card programs.
  • Already a leader in prepaid and debit card issuing, Marqetas credit card issuing platform completes its feature set, allowing it to power any card type through its modern card issuing platform.
  • Expanding the Marqeta platform to service modern innovators building disruptive new credit products establishes us as a truly comprehensive modern card issuing platform.
  • Marqetas API-driven credit card issuing platform will enable its customers to launch new, customized credit card products in a fraction of the time, with more flexible controls and features.

Uphold to launch crypto-enabled cards across Europe following acquisition of Optimus Cards UK

Retrieved on: 
Tuesday, February 2, 2021
Financial services, Banking, Money, Debit cards, Digital currency, Issuing bank

SAN FRANCISCO, Feb. 2, 2021 /PRNewswire/ -- Uphold, the leading digital money platform, today announces its acquisition of Optimus Cards UK Limited, a leading debit and credit card issuer across the UK and Europe.

Key Points: 
  • SAN FRANCISCO, Feb. 2, 2021 /PRNewswire/ -- Uphold, the leading digital money platform, today announces its acquisition of Optimus Cards UK Limited, a leading debit and credit card issuer across the UK and Europe.
  • 'We're delighted to have acquired an issuer with such a technically-sophisticated platform and a full EMI license,' said JP Thieriot, CEO of Uphold.
  • 'These attributes will shortly allow us to issue multi-asset, crypto-enabled debit cards across the UK and Europe.
  • 'From April, we plan to start rolling out the world's first, multi-asset, crypto-enabled debit card on the Optimus platform in Europe,' said Thieriot.