1. China increased its card payment infrastructure more rapidly than any of the researched markets by Euromonitor International.This is good as additional advancements in mobile POS technology has greatly reduced the cost to merchants of equipment required to accept cards and are provided with an opportunity to extend acceptance beyond urban centers.

there are still ways to go in these markets before the full benefits of convenience are realized by consumers which will in turn drive greater card use going forward.

3. International networks and issuers can benefit from this transition by investing in financial infrastructure and initiating programs designed to raise consumers’ financial product awareness.

3.Mobile POS terminals are gaining traction in both emerging and developed markets assisted by telecommunication companies, issuers and card networks.