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Global card expenditure to reach $45 trillion by 2023 – contactless driving growth
Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13% on the year before. Although card expenditure is growing strongly, it... more
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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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