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Global non-cash transaction volumes record highest growth of past decade
Global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s World Payments Report prediction (Figure 1.1). Two regions fuelled this increase: Emerging Asia with a growth rate of 43.4% and CEMEA (Central Europe, Middle East, and Africa3), with 16.4% growth. Expansion [...]
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UK online card payments jump by a fifth in a year
The number of online card payments made on the internet has increased by 20% in the past year with consumers spending £11.5 billion online in August, according to the latest figures from The UK Cards Association. There were 130 million card payments online in August – almost 50 a second – up from 108 million in [...]
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