Smart payment card shipments hit one billion in 2011

• Americas +29% and Asia +26%
• Contactless and dual interface : 15% of total shipments
• Almost half of cards shipped were DDA/CDA

Read the Smart Payment Association Press Release

EMV ramps up with migration roadmaps

Networks stress the need for a uniform migration path to chip in US.
MasterCard has followed rivalVisa in announcing a timelinefor EMV migration in the US.The roadmap stresses the needto advance the US electronic paymentsystem to the use of dynamic data for authenticating transactions.The EMV deadlines MasterCard has outlined are broadly similar to those announced by Visa last August.
 MasterCard says it took note of the timeline of its rival payment network and was aware of the need for clear and consistent standards for banks and merchants in order for chip migration  in the so far EMV-resistant US to be achieved. MasterCard will require merchant acquirers to be equipped to handle EMV cards by April 2013.
As with Visa, MasterCard plans to introduce a merchant liability shift in October 2015 making non EMV-compliant retailers responsible
if counterfeit fraud occurs on a non-chip transaction. Starting in October 2013 MasterCard will allow merchant to reduce some PCI DSS security assessments if they upgrade to certain EMV terminals.

Read the US country report by Card & Payments World

A dynamic North American market

North America is emerging as an attractive region for the smart card industry. The US and Canada have huge potential, as their governments are taking initiatives to introduce smart cards in various industry segment. Moreover, the contactless smart cards have become increasingly popular in the country over the recent past, the volume of contactless payment cards is expected to grow at a CAGR of around 26% during 2009-2012.

The SIM card is the largest segment followed by payment & banking, health & government and access control & pay TV. The fastest growing market sectors are projected to be health & governmental, leisure and payment & banking.

• US smart cards shipment (millions of units) : 345.4 in 2010, CAGR of 6.7% from 2008 to 2014
• Canada smart cards shipment (millions of units) : 37.3 in 2010, CAGR of 13.4% from 2008 to 2014

Source: RNCOS “Global smart card outlook” 2010, IMS Research “The Americas market for smart cards and smart cards Ics”2010

Innovative products and solutions

This innovation-driven market is observing major changes that will lead to a “smart world”. Find out about the market trends for each product category worldwide and in the US.

• Cards, smart cards

Innovation in applications, services and new form factors is the main motive of smart card manufacturers’ activity.

Find out more about smartcard manufacturers

• NFC, contactless  

NFC technology (Near Field Communication), should be deployed in 2011 with the arrival of mobile handsets including NFC.

Find out more about NFC and contactless 

• Payment solutions, transactions

Find out more about payment solutions

• Terminals and readers

Growth factors for the manufacturers of payment terminals depend on the development of the banking sector (EMV standard adoption, banking services in emerging countries, contactless payment).

Find out more about terminals and readers

• Identification and authentication 

The identity and security market is a major application market  for smart cards, boosted by governmental initiatives in the USA.  

Find out more about the identification market

• Biometrics

In relation to security, the most dynamic sector at the moment is control of access to public and private buildings, as well as identity verification by measurement of a physical characteristic (biometric passport, electronic passport, Citizens' ID).

Find out more about the biometrics market  

• Personnalisation, printing 

The personnalisation of cards is proposed by card manufacturers who offer standard delivery and address large markets and by SMEs with more specific and flexible offers.

• M2M, Auto ID

Although millions of machines and smart objects are communicating with each other, M2M technology is still at its early stage of its evolution, but with huge potential. Objects communicating through the IP network will represent billions of smart objects in the next ten years.

Find out more about M2M Auto ID

Top

The Eurosmart 2010 figures and 2011 forecast

Worldwide Smart Secure Device shipment - 2010 and 2011 forecasts 

Secure Contactless market figures - 2010 and 2011 forecasts¹

Source: Eurosmart figures and forecasts

¹  Eurosmart forecast include Felica

Download the Eurosmart Press Release

What is Eurosmart?

Eurosmart is an international non-profit association located in Brussels and representing the Smart Security Industry for multi-sector applications. Founded in 1995, the association is committed to expanding the world’s Smart Secure Devices market, developing Smart Security standards and continuously improving quality and security applications.

Members are manufacturers of smart cards, semiconductors, terminals, equipment for smart cards system integrators, application developers and issuers who work into dedicated working groups (communication, marketing, security, electronic identity, new form factors, and prospect emerging markets).

Members are largely involved in political and technical initiatives as well as research and development projects at the European and international levels.

Eurosmart is acknowledged as representing “the Voice of the Smart Security Industry”.

Eurosmart members are companies (Austriacard, Electronic Marin, FNMT-RCM, Gemalto, Giesecke & Devrient, Infineon Technologies, Inside Secure, LFoundry, Morpho, NedCard, NXP Semiconductors, Oberthur Technologies, Prooftag, Renesas Electronics, Samsung, STMicroelectronics, Toshiba), payment systems (GIE Cartes Bancaires, MasterCard), laboratories (CEA-LETI), research organisations (Fraunhofer Institute), associations (Smart Payment Association, Mobismart, Danish Biometrics) and independent experts (Michel Koenig, Bernard Morvant, Jonas Andersson).
For more information, please visit www.eurosmart.com

Contact:

Eurosmart General Secretariat
Rue du Luxembourg 19-21
B-1000 Brussels
Tel: + 32 2 506 88 38
Fax: + 32 2 506 88 25
eurosmart@eurosmart.com