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MPD Perspective

The Payments Year in Review: March 2006 - March 2007

by David Evans

At this year’s Lydian Roundtable, MPD Founder David Evans kicked off the discussions with a look back at the last 12 months in the industry. This article is a summary of his opening talk.

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EDITORS’ ROUNDTABLE

books Looking for information on the payment industry? MPD's Editor’s Roundtable serves up a comprehensive list of payment industry-related books and websites.

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PULSE POINT

How long before 50% of all card spend takes place at merchants that have contactless readers?

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Killing Cash? The Development of the Payment Ecosystem in China

David S. Evans and Wai-Shun Lo, Founder and Principal, Market Platform Dynamics

There is little doubt that payment cards will compete with cash as the leading form of retail payments over the next 20 years. But many details of this evolution remain uncertain. Will Chinese consumers take to credit cards and borrow with them, as have Americans, or mainly use debit cards as do most Europeans?

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