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Country Snapshot: Slovakia

Cash remains the predominant payment instrument in Slovakia and is mainly used for day-to-day and low-value transactions. However, government and bank initiatives could be about …

Country Snapshot: China

China is Asia’s largest payment cards market in terms of card transaction value and volume, accounting for 77.1% and 45.8% shares respectively in 2016. What …

UK’s cards grow despite Brexit concerns

The UK has one of Europe’s most well-developed – and competitive – payments markets, with widespread consumer adoption of cashless and contactless transactions. While uncertainties …

Thailand stepping up & getting results

Initiatives by the government, the central bank and various commercial banks are expected to gradually make some headway into cash’s dominance of Thailand’s payment system …

Denmark gets closer to cashless

The Danish cards and payments industry is well developed, and its consumers are prolific users of payment cards. The country had the world’s highest frequency …

Sweden looking to push contactless

Sweden’s strong use of payment cards has been driven by concerted efforts by the country’s government and banks, and consumer willingness to adopt them. Despite …

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