Serbia: Value-added benefits drive credit card use
The Serbian payment market registered a gradual shift towards payment cards during the period 2016–2020, with total card transaction value…
Oman: government initiatives drive debit card growth
Payment cards remain the preferred non-cash payment method in Oman, accounting for 63.7% of total non-cash payment transaction volume in 2020. While high-value transactions are shifting to electronic platforms, low-value…
30 Dec 2020
New Zealand payments: Covid-19 boosts contactless growth
New Zealand’s payments market is mature – arguably even overserved by its financial institutions. There are currently more debit cards in circulation than individuals in the country by a considerable…
29 Dec 2020
Payments – the new technology arms race for banks?
Amid the challenges brought by the pandemic, payments have become an even more crucial digital battleground for banks. But is legacy technology creating barriers to innovation? Douglas Blakey reports Despite…
28 Dec 2020
Thailand: Debit card payments on the rise but cash remains king
Cash remains the preferred payment instrument in Thailand, accounting for 73% of total payment transaction volume in 2020. However, the use of payment cards has been growing in line with…
24 Dec 2020
Saudi Arabia: cash preferred while debit cards maintain dominance
Cash has traditionally been the preferred method of payment in Saudi Arabia, accounting for 84.2% of total payment transaction volume in 2019. However, consumers are gradually shifting towards electronic payments…
23 Dec 2020
It’s Gen Z, not millennials, that banks need to worry about
Journalists, analysts, and industry commentators have spilled lots of ink on the threat from millennials. For John Erik Setsaas, VP identity and innovation at Signicat, the focus on one age…
22 Dec 2020