The Smart Payment Association addresses the challenges of the evolving payment ecosystem, offering leadership and expert guidance to help its members and their financial institution customers realize the opportunities of smart, secure and personalised payment systems & services both now and for the future.
A non-profit organization founded in 2004, the association now counts six members including the three founding members Giesecke & Devrient, Gemalto and Oberthur Technologies, and Austria Card, Incard and Morpho.
With more than 898 million smart payment cards delivered by its members in 2011, SPA represents more than 85% of the smart payment cards market. This figure corresponds to a 12% year-on-year growth (2011 vs. 2012), showing the ongoing momentum of EMV deployment.
The combined Smart Payment Association members’ substantial experience and knowledge of the smart payment market has led to its position as expert advisor.
The SPA is an Associate Member of Eurosmart, a Technical Associate of EMVCo (Board Member representing the card industry) and sits on the EPC CSG (SPA/ Eurosmart Spoke Person) to represent the vendors sector which objective is to create a set of standards needed to implement SEPA for cards.
The SPA also collects and analyzes market data in order to increase transparency within the worldwide market for smart payment cards. The SPA analyzes market evolution on a worldwide basis and communicates its findings once a year.
DOWNLOAD SPA PRESENTATION SHOWING 2011 FIGURES DONE AT CARTES IN NORTH AMERICA ON 5TH MARCH 2012 IN LAS VEGAS
