FORECAST: A Quarter Of Consumers' Payment Card Transactions Will Be Card-Not-Present By 2018

U.S. card-not-present transactions made using general purpose payment cards will continue growing at a healthy clip, according to BI Intelligence estimates.

Card-not-present transactions include e-commerce and mobile payment transactions, online bill pay, over-the-phone transactions, and the like — basically any card-based transaction made without presenting a physical card to a merchant.

We arrived at our forecast based on data from the Federal Reserve, past growth trends, and our close tracking of the card payments industry.

This forecast is part of BI Intelligence’s ongoing in-depth coverage of the payments industry. For full access to all BI Intelligence’s forecasts, estimates, and analysis, sign up for a free trial.

Here is a look at share:

NOW WATCH: Tech Insider videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.