its 2019 Payments Study — an annual report reflecting 2018 data. In a big-picture sense, the report showed noncash transactions continue to rise, hitting 174.2 billion payments worth $97 trillion last year, up from 143.6 billion payments and $87 trillion in 2015 .These gains were predominantly from card payments, which represented three-quarters of noncash payments and grew approximately 9% annually from 2015 to 2018 — three percentage points faster than its annual growth between 2012 and 2015.
These payments are closing the gap with in-person transactions — their value was about equal in 2018, though there remains a large volume gap — but a higher number of low-ticket remote purchases and more frequent remote payments indicate habit formation and should precede ongoing growth.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The world's largest river cruise ship will sail in Spring 2020 — see inside - Business InsiderThe cruise will sail on China's Yangtze River and includes views of the Qutang, Wu and Xiling Gorges, as well as ancient temples and pagodas. Bigger doesn’t mean better. Also the worlds most polluted river cruise ship? That looks interesting!
Source: BusinessInsider - 🏆 729. / 51 Read more »
How Industry Convergence Can Work For, Not Against, Your BusinessE-commerce companies are becoming cloud computing giants with thriving side businesses in brick-and-mortar retail. CroweUSA Should have tweeted this as promoted content. The “article” is clearly a presser/white paper directly from Crowe. No other sources or perspectives in the “article.” That’s advertising not reporting. I even got served an ad for Crowe while reading. Lowered my opinion of Forbes.
Source: Forbes - 🏆 394. / 53 Read more »
Business Insider ranks the 11 best movies of 2019 - Business InsiderFrom 'The Irishman' to 'Knives Out,' here is a look back on the movies that we found to be the best of the year. The Irishman sucked. Full stop 🛑 No Endgame, yikes. Joker isn't in the list? Ok..
Source: BusinessInsider - 🏆 729. / 51 Read more »
What to expect from Apple in 2020: iPhone returns to growth and more - Business InsiderNext year is shaping up to be a huge moment for Apple as it's expected to reclaim dominance of the smartphone industry — here's what to expect in 2020 What happened to the take over of Tesla ? Can transform Apple in 10 Trillion company in two years ;) Hahahaha! “Reclaim”...from whom?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber building new self-driving car test site in Pittsburgh - Business InsiderUber is expanding its self-driving car efforts in Pittsburgh with a new 600 acre test track as it seeks to keep up with rivals like Waymo and Tesla.
Source: BusinessInsider - 🏆 729. / 51 Read more »