CHICAGO, Sept 23 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International released today new consumer finance industry data. According to the new research, consumer card payments will surpass cash payments for the first time in 2016, registering USD $23.1 trillion globally.
Consumer card payments and mobile-commerce will see a 6.6 percent and 23 percent compound annual growth rate (CAGR), from 2016-2021, respectively whereas global cash payments will register a CAGR of 1.3 percent.
Consumer card payments and mobile-commerce will see a 6.6 percent and 23 percent compound annual growth rate (CAGR), from 2016-2021, respectively whereas global cash payments will register a CAGR of 1.3 percent.
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