Transcription of World Payments Report (WPR) 2018
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World Payments Report (WPR) 2018
WORLDPAYMENTSREPORT2018 WORLDPAYMENTSREPORT20182 TABLE OF CONTENTSP reface 3 Section1: Non-Cash Transaction Analysis 4 Key Findings 5 Global Non-Cash Transaction Volumes Analysis 6 E-wallet Market Analysis 12 Payments System Evolution Economic Analysis 14 Australia s New Payments Platform 15 The Benefits of Non-Cash Transactions 16 Section2: Key Regulatory and Industry Initiatives (KRIIs) 18 Key Findings 19 As KRIIs Spread Regionally, Standards and Interoperability Measures are Required to Harmonize the Fragmented Marketplace 20 KRIIs Traverse a Cyclical Path from Standardization to Innovation and Back Again 22 Conflicting KRIIs Pose Implementation and Operational Challenges that Hinder the Transition to New Payments Ecosystems 25 Conflicting KRIIs 26 Section3.
World Payments Report 2018 Key Findings 5 Global non-cash transaction volumes grew at 10.1% in 2016 to reach 482.6 billion. Emerging Asia (25.2%) and CEMEA (17.1%) were the chief drivers of this growth.
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