The latest Smart Insights Report: “eSIM to reshape mobile communication” covers the inception of embedded SIM (or eSIM or eUICC) technology and how it will transform the mobile communication industry. The technology consists simply in embedding the SIM in a handset rather than keeping it removable as it is now. The traditional SIM card industry is bound to see its volumes shrink due to this innovative technology.
Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV® chip technology. By the end of last year, the number of EMV payment cards in circulation rose by 1 billion, up 43%, to 3.4 billion, from 2.37 billion in Q4 2013.
According to the latest statistics from EMVCo’s members – American Express, Discover, JCB, MasterCard, UnionPay and Visa – as reported by their members globally, EMV chip card adoption rates had increased in every region worldwide by the end of 2014:
- Europe Zone 1, EMV chip card adoption rate: 83.5% (up from 81.6% in 2013)
- Canada, Latin America and the Caribbean, EMV chip card adoption rate: 59.5% (up from 54.2% in 2013)
- Africa and the Middle East EMV chip card adoption rate: 50.5% (up from 38.9% in 2013)
- Europe Zone 2 EMV chip card adoption rate: 40.4% (up from 24.4% in 2013)
- Asia Pacific EMV chip card adoption rate: 25.4% (up from 17.4% in 2013)
- United States EMV chip card adoption rate: 7.3%
Eurosmart, the Voice of the Smart Security Industry, released the 2014 figures for the worldwide secure elements shipments and the smart secure contactless markets as well as the corresponding 2015 forecast. The data provided by Eurosmart consist of the consolidated figures supplied by its member companies which comprise all major players in the industry. They are the reference point for information on and in the industry.
Gut die Hälfte des Umsatzes im deutschen stationären Einzelhandel zahlen die Kunden noch bar, nämlich 53,3 Prozent. Der Umsatz per Karte steigt auf 170,4 Mrd. Euro. Damit werden zur Zeit 43,7 Prozent des gesamten stationären Einzelhandelsumsatzes in Höhe von 390 Mrd. Euro per Karte abgewickelt. Der kartengestützte Umsatz des Einzelhandels hat sich damit in den letzten 20 Jahren mehr als verachtfacht. Die restlichen 3,0 Prozent entfallen auf Rechnungen, Finanzkäufe und auf die immer beliebter werdenden Gutscheinkartenverkäufe.
Smart Payment Association (SPA), the trade body of the smart payments industry, released the latest figures from its annual review of the smart payments market. In 2014, over 2050 million chip payment cards were shipped across the world. The figure was reached just three years after global shipments exceeded the one billion mark in 2011. Growth in the Chinese and US markets contributed to this significant increase – with issuers in the US rushing to meet the November 2015 liability shift. Detailed figures also confirmed the growing demand for ‘tap and go’ contactless payment across the world.
The United States’ migration to EMV-standard chip-and-PIN cards, and the growing demand for contactless technologies, defined a high-growth payment card market in 2014, according to the Smart Payment Association (SPA). Preliminary figures, released in advance of the SPA’s annual review of the card payment market, show over 1.5 billion smart payment cards were shipped globally last year, with some 40% featuring contactless ‘tap and go’ technology.
Official figures released by the global technical body EMVCo show that nearly 30% of all card-present transactions conducted globally between July 2013 and June 2014 used EMV chip technology. The data represents all EMV chip card-present transactions – both contact and contactless – as processed by EMVCo’s members, American Express, Discover, JCB, MasterCard, UnionPay and Visa. To qualify as an EMV chip transaction, both the card and terminal used during the payment must be EMV chip-enabled.
In its Vision 2020 paper Eurosmart, the Voice of the Smart Security Industry, points out opportunities and threats in the hyperconnected world of 2020 and outlines the contribution of the Smart Security Industry to a secure digital mobile lifestyle. "The forecasts of 12 billion secure elements to be shipped in 2020 proves the strong demand for secure element based solutions combining convenience and security. With technological innovations such as SIM cards, secure elements embedded in handsets and connected objects, secure payment cards and electronic ID documents as well as associated solutions and services, the Smart Security Industry is one of the major players at the heart of this development, both driving its evolution as well as safeguarding it against fraud and violation of privacy", explains Oyvind Rastad, Eurosmart’s President.