World Payments Report

The 8th Annual World Payments Report 2012 from Capgemini, RBS and Efma

World Payments Report

Now in its eighth year, the World Payments Report from Capgemini, RBS and Efma continues to explore the evolution of global non-cash payments. Read the press release to explore how debit cards are continuing to win market share from credit cards while the use of electronic and mobile payments continues to show exponential growth.

Listen to the latest in Payments views from Sibos 2012.

Key Findings from the World Payments Report 2012

  • The report confirms the resilience of payment volumes, as global non-cash payments volumes grew by 7.1% in 2010, reaching 283 billion and early 2011 indications show an additional 8.2% growth
  • Payment volumes in developing markets grew at a much faster rate (16.9%), boosted by a more than 30% increase in both Russia and China
  • The BRIC (Brazil, Russia, India, China) grouping is no longer a valid concept in payments, with Brazil now the second-highest ranking country by payment volumes, after the U.S. There were 20 billion non-cash transactions in Brazil in 2010, compared with 13.1 billion in Russia, India and China combined
  • As more consumers embrace electronic, mobile and debit card payments, industry innovation is likely to continue to focus heavily on these payment methods
  • In 2010 more than one in three non-cash payments globally was made using a debit card, up 15.2%.
  • With only 2.1% of all mobile users making m-payments, there is large potential for additional growth with mobile payments

The WPR also reveals how the relationship between regulation and innovation can challenge banks' capacity to undertake customer centric innovation. Partly as a result of the Eurozone debt crisis, European banks are complying faster than originally expected with the Basel III objectives, but as a result they have less capacity to focus on innovation.


Contact Us

To discuss the findings of the World Payments Report in more detail, contact us at payments@capgemini.com.