Use of cash for consumer payments remains highly prevalent among Nigerians, especially for the country’s large rural population. This is primarily a result of a …
Chile: Changing lifestyles and new facilities boost card uptake
Cash remains the preferred method of consumer payment in Chile, accounting for 73% of the total payment transaction volume in 2017. However, payment card transactions …
Netherlands: Debit cards continue to dominate Dutch market
The Dutch payment cards market is mature, with a high penetration rate of 1.9 cards per inhabitant. The market is dominated by debit cards, which …
Denmark: Danish cashless drive on track
The Danish cards and payments industry is well developed, and its consumers are prolific users of payment cards. The country has the highest frequency of …
Poland: Government initiatives to displace cash paying off
Poland is one of the most advanced and innovative markets in Europe, offering consumers broad access to the latest technology in electronic payments. Nevertheless, cash …
In Italy debit cards maintain dominance
Despite being the fourth-largest economy in Europe in terms of nominal GDP, Italians have remained slow adopters of electronic payments, primarily due to a strong …
France: Prepaid growth curbed, contactless growth in prospect
The French payments market is mature and highly competitive, registering the highest turnover per card for 2017 among peers including the UK, the US, Germany, …
Norway: Strong contactless growth on the cards
The card reigns supreme in Norway, with few individuals using cash on a daily basis and most possessing a minimum of two payment cards. Norway’s …
In Mexico fees continue to dampen cards demand
Cash remains the preferred form of consumer payments, especially among the rural population, primarily due to limited knowledge of payment cards or limited access to …
UAE: Cards acceptance growing albeit from low base
The UAE payments market is defined by a high reliance on cash among consumers, with cash accounting for 84.6% of the total payment transaction volume …