GlobalData
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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary.
Vietnam’s debit card payments to reach $65.6b in 2028
Vietnam’s debit card payments to reach $65.6b in 2028
Debit card use is dominant, but still limited to cash withdrawals.
New Zealand's credit and charge card payments market to reach $39.6b by 2028
This is thanks to the consumer shift towards electronic payments.
Chart of the Week: NZ card payments to reach $75.1b by 2028
The market is expected to grow at a compound annual growth rate of 4.1%.
APAC’s Top 20 banks' combined revenue up 4.3% in 2023
Japanese banks were the biggest winners whilst Chinese banks’ total revenue dipped.
Malaysia’s credit, charge card market value grows to $50.5b in 2024
Credit and charge cards make up 60% of all card payments in the country.
S’pore’s payment cards lead with 40% market share in online transactions
An analyst said Singapore’s advanced tech infrastructure has boosted alternative payments.
Chart of the Week: 2 in 3 e-commerce transactions in China use alternative payments
Alternative payments make up 67% of the market share.
APAC M&A down 18.8% 11M’23
The region saw a total of 13,151 deals in the eleven months to November.
Alternative payments dominate India’s e-commerce payments
Mobile and digital wallets make up 58.1% of all e-commerce payments in 2023.
Card payments in New Zealand to grow 6.5% in 2023:GlobalData
It will reach about NZ$102.4b.
India’s card payments market to rise 28.6% to $337.1b in 2023
Consumers in India are increasingly embracing electronic payments, GlobalData said.
Chart of the week: alternative payments used in 1 in 3 online shopping transactions
Singapore’s e-commerce market is forecast to grow by 15% this year.
India’s card payments to triple in size by 2027: GlobalData
It is expected to triple in size to $728.2b in 2027 from last year’s $262.1b.
Chart of the Week: 8 in 10 Chinese consumers use mobile wallets
High cost of POS terminals and insufficient payment infrastructure push e-wallet use.
Mobile wallet payments in India to hit $5.7t in 2027
The value of mobile wallet payments doubled from 2018 to 2022.
Chart of the Week: Over 1 in 4 of Taiwan’s online transactions use alternative payments
Over a quarter of Taiwanese online shoppers prefer to pay via alternative payment methods.
Chart of the Week: Cards account for 51% of e-commerce payments in the Philippines
The Philippines’ e-commerce market grew by 31.3% in 2022
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
