GlobalData

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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary. 

Card payments in South Korea to breach $1t: GlobalData

The average frequency of credit card usage in the country grew 137.5 times in 2022.

Card payments in South Korea to breach $1t: GlobalData

The average frequency of credit card usage in the country grew 137.5 times in 2022.

Chart of the Week: Vietnam’s card payments market to grow 24.1% in 2022

Strong anti-COVID measures allowed the market to reduce the pandemic’s impact.

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.