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Used for a widening variety of payment purposes, virtual cards continue to grow in importance to the $Х.Х trillion commercial cards industry worldwide, according to market research firm Packaged Facts in the new report Commercial Payment Cards: U.S. and Global Market Trends, 10th Edition. And continued growth opportunity is significant.
Virtual debit, credit and prepaid formats share of the market is growing fast and comprised more than Х% of the cards market volume in 2017. Virtual cards market volume in Europe comprised approximately ХХХ billion euros in 2017 and is expected to grow at ХХ% CAGR over the next 8 years.
The concept of online shopping has increased by many folds in the recent years, and it is an integral part of the global economy. Credit, debit, and prepaid cards issued in Europe generated $Х.ХХХ trillion in purchase volume in 2016. Purchase volume worldwide is expected to grow significantly during next 7 years.
Thus, purchase volume in Europe is expected to grow from $Х tril. in 2017 to $Х tril. in 2025. Many people, though, still cannot shop online due to restrictions placed on them based on their location. Virtual debit cards and virtual credit cards can solve this problems on a worldwide level.
There were ХХ % of European internet users who have used an internet banking service in 2017 via mobile.
MАIN PROJECT COEFFICIENTS
The amount of investment is: ХХХ ХХХ EUR
The Pаybаck Period comprises: Х yeаr аnd ХХ months.
Net profit: 1st yeаr – ХХ ХХХ, 2nd yeаr – ХХХ ХХХ , 3rd yeаr – Х ХХХ ХХХ, 4th yeаr — Х ХХХ ХХХ, 5th yeаr – Х ХХХ ХХХ EUR.