Credit cards, charge cards and e-payments are rewriting market practice. The explosive proliferation of cards and their issue continues.
Card payment is the norm for the majority of transactions.
Increasingly, payments are being made electronically with a huge escalation in web-based transactions. E-commerce offers speed, simplicity and efficiency. Identification and trust is revolutionising the industry and technology is the enabler. Credit, widely and often easily available, is the lubricant of the financial services industry. Data integrity and speed are essential.