Although Hong Kong consumers have been sophisticated users of credit cards for a long time, cash use has persisted. Authorities are now committed to a push for digitalisation.
Western Europe's merchant acquiring market is one of the most competitive in the world. Despite the challenges, the market consolidates at pace through mergers and acquisitions.
Longstanding curbs in Turkey on rollover behaviour should stand the credit cards market in good stead as pressures on the economy grow, says a report from Verisk Financial Research.
Buy Now Pay Later providers could struggle as Australia faces Coronavirus challenges, says Verisk Financial Research, while Eftpos may yet benefit from growing contactless preference.
Data and analysis of the impact of COVIC-19 on consumer spending in the US, leveraging Argus transactional data, details the shift from in-store to online purchases.
Our latest cards & payments reports explore the cards and payments industries in Peru and Argentina with insights and profiles covering the key market players
Data collected by Verisk Financial Research on markets around the world shows how contactless has proven hugely popular with consumers, given the right inftrastructure.
Portugal has one of the highest levels of card penetration in Europe, a profitable credit cards market, growth in electronic payments and a strong merchant acquiring landscape.
Rewards competition may be peaking, but the cards industry in the United States remains buoyant and is experiencing profits to match.
While revenues fall in the coronavirus pandemic, one bright spot could be a rapid transformation in consumer attitudes towards digital payments.