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India’s card payments market to grow 31.2% in 2022
India’s card payments market to grow 31.2% in 2022
Growing adoption of electronic payments will help push up the card market.
Buy now, pay later gains traction in India
Low credit penetration makes it favourable for BNPL.
Taiwan card payments market to be worth $187.7b by 2025
The market is forecasted to rebound by over 15% in 2021.
APAC’s mobile wallet adoption chips away at traditional payments’ dominance
Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.
Chart of the Week: Australia card payments value to rebound 8.3% in 2021
The rising use of contactless and e-commerce payments will support the growth of the segment.
Chart of the Week: Thai card payments market to shrink 3.5% in 2021
Recovery is not expected to begin until end-2022, says GlobalData.
BNPL continues to gain traction with Square’s $29b acquisition of Afterpay
Afterpay accounts for 7.7% of Australia’s e-commerce market.
Chart of the Week: Hong Kong’s wealth market to grow 7.8% in 2021
The number of HNWIs is expected to reach 3.9 million in 2021 or 60.6% of the population.
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