Report: Dual Interface Cards On The Rise

What's Next In Payments®
6:07 PM EST February 19th, 2013

ABI Research’s most recent report predicts that 8.6 billion smart cards will ship in 2013. Of total shipments, 16% are forecasted to use a contactless interface, rising to 30% in 2018. Over the next three years ABI Research expects to see a shift in the penetration ratio of pure contactless and dual interface shipments. In 2013, ABI Research forecasts 59% of all contactless deployments will utilize a pure contactless interface, reducing to 38% in 2018.

Research analyst Phil Sealy comments, “The increase in contactless adoption is not limited to a selection of markets, although it’s the banking and government verticals which are adopting contactless technology at a quicker rate, with the SIM market close behind.”

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