New Market Report: Consumer Payments 2013: Trends, Developments and Prospects
The developed world has the largest card payment markets globally, but growth is slowing, while cards are beginning to take off in emerging markets. Emerging markets have outpaced developed markets in absolute volume of card payments (excluding commercial) as the unbanked enter the financial mainstream and the newly banked increase their card usage. Drivers such as a high youth population and an expanding middle class in some emerging markets will help to spur card usage moving forward.
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