As we migrate to an increasingly cashless (and check-less) economy, it is not a growth in card usage that will finally push us over the line, it is mobile payments. However, that is only part of the story: the growth of all forms of e-commerce (mobile, tablet and PC) has resulted in more online card-not-present transactions as the consumer’s appetite for instant gratification has fueled more digital “on-demand” services.
This new, on-demand economy in the U.S. relies on a broad and highly....