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World Payments Report: Non-cash transaction growth hit hard by COVID
The pandemic affected business as usual in all sectors. But in the payments industry, business hasn’t been usual for years. So, when lockdowns, supply chain interruptions, and economic uncertainty consumed... read more
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Global non-cash transaction volumes record highest growth of past decade
According to the World Payments Report, 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 prediction. Two regions fuelled this increase: Emerging Asia with a growth rate of 43.4% and CEMEA (Central Europe, Middle East, and Africa), with 16.4% growth. [...]
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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 [...]
The post Global non-cash transaction volumes record highest growth of past decade appeared first on Payments Cards & Mobile.
