alternate payment, Daily News, Digital Payments, E-Commerce, E-Money, Instant Payments, Mobile Payments, Mobile Wallet, non-cash transactions -

China surpasses Brazil to rank third among non-cash transactions markets

Within the top-10 markets for non-cash transactions volumes, China climbed to third place with 38.1 billion transactions, surpassing 2014’s number three market Brazil, which fell to fourth place with 29.0 billion transactions (Figure 1.3). China’s rise was fuelled by its phenomenal growth rate of 63.2%, a result of higher adoption of digital payments initiatives in [...]

The post China surpasses Brazil to rank third among non-cash transactions markets appeared first on Payments Cards & Mobile.