Recently Released Market Study: Assessing the Payment Landscape in Latin America
The Latin American market has been one of the fastest-growing regions for card payment volume in recent years and is expected to be the second fastest-growing region over the period to 2017. The growth's region has been aided by non-revolving products like debit and pre-paid cards. Like many emerging markets, cash remains king and accounts for more than half of the region's total consumer payment transactions. The large unbanked population is a major driver of the high cash usage.
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