Payments Archives - GlobalData

Banking, Payments

Card payments in Indonesia to grow by 39.6% in 2022, forecasts GlobalData

The Indonesian card payments market will grow by 39.6% to reach IDR801.2 trillion ($56.3 billion) in 2022, supported by a rise in consumer spending driven by improving economic conditions, and a growing preference for electronic payments, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the card payments market in […]

Banking, Payments

Japan e-commerce market to grow by 6.9% in 2022, estimates GlobalData

The Japanese e-commerce market is estimated to register a growth of 6.9% to reach JPY22.4 trillion ($194.3 billion) in 2022, as consumers increasingly shift from offline to online purchasing, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that e-commerce sales in Japan grew at a compound annual growth […]

Payments

Disruption to Switzerland’s export and tourism-led economy will hurt payments industry

Payments companies in Switzerland are losing significant amounts due to reduced consumer spending due to a collapse in hotels and general tourism, according to GlobalData. Swiss tourism revenue is expected to shrink by 18% in 2020, according to the Valais University of Applied Sciences and Arts. This would mean the hotel industry alone losing in […]

Payments

Mobile wallet is gradually displacing cash in India, says GlobalData

The mobile wallet market in India is poised for significant growth as Indian consumers are increasingly turning away from cash and card, says leading data and analytics company GlobalData. According to the 2017 Consumer Payments Insight Survey by the company, India is one of the top markets globally in terms of mobile wallet adoption with […]

Payments

Card payments in Indonesia to grow by 39.6% in 2022, forecasts GlobalData

Japan e-commerce market to grow by 6.9% in 2022, estimates GlobalData

Disruption to Switzerland’s export and tourism-led economy will hurt payments industry

Mobile wallet is gradually displacing cash in India, says GlobalData

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