September | October 2013 | paymentscardsandmobile.com in this issue Card Notes Payment technology gets physical again EC payments Interchange caps hurt? Non-cash payments World Payments Report m-payments Biometrics can revolutionise m-payment security PCM_MA13_40pp.indd 39 20/03/2013 15:39 welcome www.paymentscardsandmobile.com September | October 2013 Gearing up for non-cash growth Volume 5, Number 5 Editor-in-chief and publisher The annual World Payments Report from RBS and Capgemini has established itself as a major Alexander Rolfe benchmark publication for the payments industry in tracking and analysing trends in non-cash Tel +44 1263 711 800
[email protected] payments worldwide. PCM was given a sneak preview of this year’s report, which makes for very encouraging reading for the payment industry. All forms of non-cash payments, such as Editor Victoria Conroy debit cards, credit cards, e-commerce and mobile payments are growing strongly globally, Tel +44 1263 711 800 particularly in the emerging markets.
[email protected] However, one of the notable findings of this year’s report was in relation to mobile payments: Contributors despite strong growth expectations, the report has uncovered a surprising black hole between Paul Asare-Archer Marie Walker estimated usage and actual usage – in some cases the gap is as much as 50%. Clearly, this Head of Business Development highlights the need for more timely and accurate statistical collection by regulators and central Wendy Sanders banks, along with other stakeholders, if m-payments are to fulfil their true potential. Tel +44 1263 711 801 Fax +44 1263 456 100 Another factor touched on in the report is a subject that PCM is tracking with interest, along
[email protected] with the rest of the industry – the rise of virtual currencies.