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The Polish Contactless Payments Market - 2011. Issuance - Transactions - Innovations (single user)

The Polish Contactless Payments Market - 2011. Issuance - Transactions - Innovations (single user)

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The Polish Contactless Payments Market - 2011. Issuance - Transactions - Innovations.

The report concerns the latest state of the Polish contactless payment market and presents detailed analysis of the determinants of its development. It is based on surveys carried out among all banks issuing contactless payment instruments and acquirers that operated contactless payments on the Polish market.

Undoubtedly, the breakthrough on the Polish contactless payment market was noticed in 2010.   There was the radical acceleration in the issuance of contactless cards and the development of the acceptance network as well as the rapid growth in the number of transactions performed by customers. The first half of the 2011 has brought a continuation of the dynamic growth trend. Thanks to that, the Polish market became an important example in the Europe, confirming the validity of contactless technology use as a main payment solution for the low-value transactions.

About the Authors

Michał Polasik, PhD. Founder and president of POLASIK Research. Assistant professor at the Faculty of Economic Sciences and Management, Nicolaus Copernicus University (NCU) in Torun, Poland. Author of several dozen academic publications on electronic banking and retail payments. In 2002 won Marian Kanton Competition for a master’s thesis on payment systems. In 2005 was granted the NCU Rector’s award for a doctoral thesis. In 2007 and 2008 was the supervisor of a research project, commissioned by the National Bank of Poland. At present supervises a three-years-long research project entitled “The analysis of factors determining the development of electronic payment in retail in Poland” financed by the Ministry of Science and Higher Education.

Ewa Starogarska. A graduate of Economics at the Faculty of Economic Sciences and Management, Nicolaus Copernicus University, Toruń, Poland. Since 2010 she works as an analyst at the POLASIK Research. The coordinator of the  of the research project “The Global Contactless Payment Cards Market. Development, Opportunities and Perspectives”. She also participated in the research project “The analysis of factors determining the development of electronic payment in retail in Poland” financed by the Ministry of Science and Higher Education. Her main areas of interest are contactless and mobile payments, in particular payment gadgets.

Pages: 25

Publication date – September 2011


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