The global payment card issuance software market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing number of connected and digitally active consumers. The rising adoption of smartphones and significant rise in the number of internet users are some key factors that are accelerating the market growth. The payment card issuance software supports the generation of physical and virtual payment cards for several businesses and financial institutes. While banks use this software technology to issue cards for their customers; companies on the other hand use this software to issue and generate cards for their employees.
The corporate business cards use the same technologies and are used to track business-related spending by supporting employees to separate business and personal finances. In September 2021, Entrust announced the acquisition of Antelop Solutions, a financial technology company that issues digital credit and debit cards to its customer. This acquisition will enable Entrust to provide various services such as token management, NFC payments, secure interface, and create integrated, seamless digital transactions. Some players operating in the payment card issuance software market include Bento Technologies, Pleo, ACI Worldwide, BankWorld, TAS Group, SAP SE, Harland Clarke, Matica Technologies AG, CoreCard Software, Entrust Corp., and many others.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Product Type
o By End-User
• Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape -Bento Technologies, Pleo, ACI Worldwide, BankWorld, SAP SE, and Entrust Corp.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Payment Card Issuance Software Market
By Product Type
By End-User
Global Payment Card Issuance Software Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa