Digital payments volumes continue to rise globally as new payments ecosystem emerges

Feature

10 October 2017

Global digital payments volumes are predicted to increase by an average 10.9 percent through to 2020, reaching nearly 726 billion transactions, according to the World Payments Report 2017 (WPR 2017). Released by Capgemini and BNP Paribas, the WPR 2017 estimates that volumes generated by emerging economies will grow by 19.6 percent, or three times the rate of mature economies. Emerging Asia, led by China and India, is projected to grow 30.9 percent in volumes. Worldwide non-cash wholesale transactions by corporates, mid-sized enterprises and public authorities are estimated to record a CAGR of 6.5 percent from 2015–2020, or more than 122 billion wholesale transactions.

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