Non-Cash Payments are Growing Fast; Cards are a Key Driver

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An article from Efma Retail non-cash payments are growing fast globally, and should continue to do so, even in markets where non-cash means of payment are already quite popular, according to data gathered in researching the World Payments Report 2008. Notably, cards are the main driver of global non-cash payment volumes overall – with the […]

An article from Efma

Retail non-cash payments are growing fast globally, and should continue to do
so, even in markets where non-cash means of payment are already quite popular,
according to data gathered in researching the World Payments Report 2008.

Notably, cards are the main driver of global non-cash payment volumes overall
– with the number of transactions conducted via cards growing a sustained 16%
per year in 2001-06.

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