Top Companies in Dual Interface Payment Card Market | Top Companies In-depth and Comprehensive Research Report 2022 | Size & Share, Market Overview

A dual interface chip card is a credit or debit card with a single integrated chip that enables contact and contactless transactions.

Top Companies in Dual Interface Payment Card Market | Top Companies In-depth and Comprehensive Research Report 2022 | Size & Share, Market Overview
dual interface payment card market

Market Overview: 

The Global Dual Interface Payment Card Market is valued at USD 23.1 Billion in the year 2021 and is expected to reach a value of USD 56.8 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 16.2% over the forecast period. The worldwide Dual Interface Payment Card market is expected to rise significantly, owing to its potential benefits such as better card longevity and fast transaction processing. A Dual Interface Payment Card has an integrated chip that enables cardholders to make both contactless and contact transactions. The contactless payment cards use advanced technology such as near-field communication and radio frequency identification technology in the payments module. One of the primary reasons driving the Dual Interface Payment Card market expansion is the increased demand for biometric-based dual interface cards in many banks. 

These cards provide potential benefits such as improved customer experience and risk management. Several leading market companies are investing in new solutions to fulfill the increased demand from banks to provide better services. This payment card has fingerprint sensors and can be used for contact and contactless transactions, allowing banks to improve their customer experiences. 

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Some of the key players operating in the Dual Interface Payment Card Market are listed below:

Company Name

Revenue in the US

  • Thales Group

$20 Billion


$2 Billion

  • Valid S.A.

$134 Million

  • Giesecke&Devrient

$2 Billion

  • Eastcompeace Technology Co. Ltd. 

$176 Million

  • Datang Telecom Group

$146 Million

  • Paragon Group 

$745 Million

  • ABCorp

$745 Million


  1. Thales Group

Thales Group is a French multinational company that designs and builds electrical systems and provides services for the aerospace, defense, transportation, and security markets. The company is headquartered in the Paris business district, La Defense, and its stock is listed on Euronext Paris. The company is founded in the year 2000.


IDEMIA is a multinational technology company headquartered in Courbevoie, France. It provides identity-related security services and sells facial recognition and other biometric identification products and software to private companies and governments. The company was founded in the year 2007.

  1. Valid S.A.

Valid S.A. is a Brazilian engraving company headquartered in Rio de Janeiro that provides security printing services to financial institutions, telecommunication companies, state governments, and public agencies in Brazil, Argentina, and Spain. In total, there are seven factories and 84 "personalization sites" It was founded in 1957.

  1. Giesecke&Devrient

Giesecke&Devrient also known as, is a German company headquartered in Munich that provides banknote and securities printing, smart cards, and cash handling systems. It was founded in the year 1852.

  1. Eastcompeace Technology Co. Ltd.

Eastcompeace Technology Co. Ltd. is a state-owned listed company of China Potevio Group. As the world-leading provider of smart card and system solutions, Eastcompeace has the most extensive smart card production base in Asia, with 15 subsidiaries & branches across China, Singapore, Bangladesh, India, and Russia. The headquarters are in Zhuhai, China, and it was founded in 1998.

  1. Datang Telecom Group

Datang Telecom Group is a state-owned Chinese telecommunications company headquartered in Beijing, China. The group was founded in September 1998 by the China Academy of Telecommunications Technology and its manufacturer's telecommunications equipment.

  1. Paragon Group

Paragon Group is a leading Customer Communications, Identification, and Graphics Services, provider. Paragon Group combines generations of experience with the latest technological innovations and smart data to enable responsive and meaningful interactions between organizations and their customers. The company was founded in 2004. And its headquarters are in Dublin, Ireland.

  1. ABCorp

ABCorp is an American corporation providing contract manufacturing and related services to the authentication, payment, and secure access business sectors. It was founded in 1795, and its headquarters are in Stamford, Connecticut, United States.

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