GlobalData

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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.
5 days ago

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.
5 days ago

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.

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.

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.

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.