Number of Payment Cards Issued by Digital Platforms to Exceed 1.3bn by 2027
Our latest modern card issuing platforms research found that the number of payment cards issued via digital platforms will reach 1.3 billion annually by 2027, from just 500 million in 2023.
This growth of 170% reflects strong interest in improving the way users access and replace cards from issuers. This is in the context of strong competition between issuers from digital-only banks and new fintechs offering card services.
Modern card issuing platforms, also known as digital card issuing platforms, allow card issuers to create cards using an API (Application Programming Interface)-driven approach; enabling cards to be delivered instantly to digital wallets, with the option for a physical card, boosting flexibility, transparency and speed significantly.
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WhitepaperSeptember 2025
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Sustainability & Smart Cities
Smart Grids to Support 43% of Global Electricity Supply by 2030, Driven by Virtual Power Plants
September 2025 -
Telecoms & Connectivity
Calling All Telecoms & Connectivity Innovators: 2026 Future Digital Awards Now Open for Entries
September 2025 -
Fintech & Payments
eCommerce Market to Surpass $13 Trillion by 2030 Globally, with Stripe, Visa, and PayPal Leading the Charge
September 2025 -
Telecoms & Connectivity
Conversational Use Cases Fuel Global Messaging Boom: Nearly 3 Trillion Business Messages by 2030
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Sustainability & Smart Cities
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