Consumers Our insights cover everything from income, spending, behaviour and attitudes to demographic changes and household makeup. We help businesses anticipate consumer preferences and stay relevant long term.

Consumer Payments: Credit Card vs Cash

11/14/2017
Euromonitor International Profile Picture
Euromonitor International Bio
Share:

Countries by cash and credit values as well as credit and cash transactions.

 Source: Euromonitor International

Momentum in the transition of consumer payments away from paper and towards card and electronic alternatives is expected to result in total cash and other paper declining by USD1,941 billion and USD453 billion, respectively, over the forecast period. Factors accelerating the transition to paper payment alternatives include increased access to financial services and government policies. Despite substantial growth in card payment value, on a y-o-y growth basis, electronic direct payment value is expected to increase fastest between 2017 and 2022.

Interested in more insights? Subscribe to our content

Latest Insights

Money 20/20

Euromonitor International 17 September 2021

Electric Mobility: What’s Going to Drive the Polish EV Market?

Fransua Vytautas Razvadauskas 17 September 2021

Shop Our Reports

Innovation and Population Ageing: Adapting to the Longevity Era

The older consumer segment is growing rapidly globally, driving the need for genuine innovation to cater to older adults’ evolving and diverse demands. Older…

View Report

Current and Future Drivers of Asia Pacific consumer markets

The report will explore the key themes transforming consumer behaviour in Asia Pacific in the world beyond the pandemic, namely Digital Living, Rethink…

View Report

Unleashing Consumer Finance Innovation in Asia Pacific

Prior to the Coronavirus (COVID-19) pandemic, Asia Pacific had already begun to emerge as a leading edge of development in financial technology and digital…

View Report
Passport Our premier global market research database with detailed data and analysis on industries, companies, economies and consumers. Track existing and future opportunities to support critical decision-making across all functions within your organisation Learn More