Credit cards are a huge market. In the US, they are the dominant payments method, accounting for 31-40% of total with an annual value of USD 5tn. 800m credit cards are in circulation with total debt exceeding USD 1.2 tn, the average cardholder has 3.9 credit cards and USD 6.7k debt. In
What is Electronic Money? Key Considerations
To be classified as e-Money, certain characteristics must be fulfilled: What are examples of Electronic Money? Why does Electronic Money Matter? For corporates, e-Money is an alternative to traditional bank accounts and payment rails. e-Money is flexible and able to cover numerous use cases, currencies, and enable real-time transactions. Often cheaper
What are Interchange Fees and why do they Matter?
Interchange fees are the costs applied to a merchant when a customer makes a credit or debit card payment. The fee is collected by the payment acquirer and then apportioned to the card issuer, card network and acquirer. Example of interchange fees? For an EUR 100 card payment the unit economics


