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While U.S. issuers focused initial issuance in favor of the more cost-effective contact interface, a
move to contactless presents a substantial value proposition for leading smart card and secure
IC players.

“In 2015, Apple and Samsung Pay helped educate U.S issuers and users on the value and
convenience that contactless payments can enable,” concludes Sealy. “In the longer term, this
will help drive uptake of contactless cards. However, ABI Research believes that the U.S. will
remain primarily a contact-based country for the short term.

The country will most likely issue contactless cards upon expiration of the contact cards. We
anticipate a larger contactless card impact in the U.S. and worldwide to be felt in two to three
years’ time.”

These findings are part of ABI Research’s Smart Card Technologies Service
(https://www.abiresearch.com/market-research/service/smart-card-technologies/), which
includes research reports, market data, insights and competitive assessments.

About ABI Research

For more than 25 years, ABI Research has stood at the forefront of technology market
intelligence, partnering with innovative business leaders to implement informed, transformative
technology decisions.

The company employs a global team of senior analysts to provide comprehensive research and
consulting services through deep quantitative forecasts, qualitative analyses and teardown
services.

An industry pioneer, ABI Research is proactive in its approach, frequently uncovering ground-
breaking business cycles ahead of the curve and publishing research 18 to 36 months in
advance of other organizations. In all, the company covers more than 60 services, spanning 11
technology sectors. For more information, visit www.abiresearch.com.

47 Cyber Warnings E-Magazine – February 2016 Edition
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