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Canadians less keen on mobile payments than their US peers

  • Published: 12 Apr 2017

The US is relatively unique in that mobile proximity payments are increasingly popular despite the absence of a contactless cards market. Meanwhile in Canada, consumer interest in mobile proximity payments remains muted.. read more

Singapore’s freak discrepancy between card penetration and transaction volumes

  • Author: GlobalData Financial Services
  • Published: 11 Apr 2017

One of the most advanced payments markets globally, 83% of adults in Singapore hold both a debit and a credit card, according to GlobalData’s annual consumer payment survey. The market also has a strong payment infrastructure. Yet card usage ilags way behind other developed markets in the region. read more

Further US interest rate rises may lead to another credit market collapse

  • Author: GlobalData Financial Services
  • Published: 10 Apr 2017

Despite the strength of the American economy, consumers are increasingly reliant on credit cards to stretch their finances. With debt becoming more expensive, there is a danger of a tipping point being reached in the short-to-medium term, especially as total credit card balances outstanding in the US are forecast to rise from 2015 to 2020, according to GlobalData Financial Services. read more

High interest rates on credit cards continue to drive revenue of Brazilian issuers

  • Author: GlobalData Financial Services
  • Published: 10 Mar 2017

According to GlobalData’s Payment Cards Analytics, Brazil reported the second largest level of balances outstanding on credit cards in the Americas in 2015, largely due to the size of the market.. read more

Can Modi succeed in digitising the Indian economy?

  • Author: GlobalData Retail
  • Published: 15 Feb 2017

In spite of the increasing value of online commerce sales per capita in the last five years, India’s online commerce market will only reach its full potential through the implementation of financial education programmes, an increased access to electronic payments and investment in digital payments infrastructure.. read more

Domestic online payment tools are growing strongly

  • Published: 6 Feb 2017

On a global level, domestic payment tools are, in aggregate, a significant player, with a 25.4% share of all online commerce by value in 2015. These tools are also growing in importance, having accounted for 17.0% of all online commerce by value in 2014 (and 13% in 2013), says Global Data Financial Services. read more

Dutch consumers are familiar with contactless cards but still rarely use them

  • Published: 30 Jan 2017

The Dutch contactless card market is on the rise with most consumers now fully aware of the presence of contactless cards in the market. read more

How to attract Spanish credit card holders

  • Published: 23 Jan 2017

Credit cards in Spain account for 26% of the total number of cards in circulation, but only for 8% of the total payment card spend. Nicolae Bacila, consumer payments analyst at Verdict Financial, looks at the market’s recent performance and what Spanish issuers can do to increase card use. read more

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