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Worldwide card use to jump 43% by 2029, Nilson predicts

Payments Dive

relative to other regions in the world, the research firm Nilson Report forecast. Nonetheless, credit, debit and prepaid card transactions will expand at the slowest rate in the U.S.,

Cards 243
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Mastercard Sees 17 Pct X-Border Volume Growth, B2B A Key Market

PYMNTS

In one example, he said the company had extended its global agreement with Citigroup for an additional five years to 2029, and will remain the bank’s exclusive partner for Citi branded credit and debit business. What we are seeing is that U.S. inbound and outbound cross-border volumes are very much in line,” he said.

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