Major smart card vendors shipped more than 224 million contactless banking cards in 2012, 23% of the total banking smart cards shipped globally by the vendors, up from 15% of total shipments in 2011.
In figures released today by the Smart Payment Association, or SDA, vendor group at the Cartes America conference and exhibition in Las Vegas, showed contactless payment cards, often part of dual-EMV credit and debit cards, were growing rapidly, especially in Asia Pacific and Western Europe, where shipments more than doubled.