Plastic Cards as an account access device will continue to diminish

Posted on : 23-06-2008 | By : admin | In : Finance


- Plastic Cards as access devices to various types of payment accounts will continue to be important but will increasingly give way to alternative access methods – These alternative access methods will include devices such as smart-card enabled devices such as cell phones, watches or other devices and contactless technologies such as key fobs. – This phenomenon creates opportunities for new entrants to disintermediate traditional players and, to a degree, influence payment account selection at the point of sale.
Tags: business

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