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Card payments in Asia Pacific set to double to $19.5 trillion by 2020

Card payments in Asia Pacific set to double to $19.5 trillion by 2020

The value of card payments in Asia Pacific grew by 25 percent in 2014 to reach $9.0 trillion, accounting for just under half of the global total card expenditure. The level of cardholding in Asia Pacific is comparable to most other regions, but usage per card remains low. Cash continues to be used heavily and [...]

The post Card payments in Asia Pacific set to double to $19.5 trillion by 2020 appeared first on Payments Cards & Mobile.

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