Latest Headlines

• Press Release: Emerging markets and the Asia Pacific region fuel continued growth in global payments volumes; key regulatory and industry initiatives are driving significant change across the global payments landscape
  • Overall non-cash payments volumes grew by 5% in 2009 to 260 billion, with increases estimated again in 2010 at 7.8%, proving continued payments resiliency to the effects of the global financial crisis. This growth was driven by sustained performance of emerging and more mature markets in the Asia-Pacific region.
  • Compared to over 10% growth in the Asia-Pacific region, the growth rate was lowest in the developed economies, with volumes growing at less than 2% and 5% in North America and Europe respectively.
• Spotlight on key regulatory and industry initiatives: Discover five key industry transformation trends that are reshaping aspects of the payments market and the positioning of the players. View the comprehensive map of Key Regulatory and Industry initiatives.
• Spotlight on mobile payments: Review today’s achievements, tomorrow’s opportunities, potential barriers to mobile-payments adoption, and ways to drive value.
• Spotlight on card fraud: chip-and-PIN technology: Explore how the payments industry is pursuing various innovations to tackle fraud and better secure non-cash transactions—and thereby bolster consumer confidence.

Key Findings from the 2011 World Payments Report

In collaboration with RBS and Efma, the World Payments Report 2011 examines the latest developments in the global payments landscape, including trends in payments volumes and instrument usage (such as cards and cheques), key payments-related regulatory initiatives and the strategic considerations and options for banks in a payments landscape where commoditization, specialization, and regulatory pressures are peaking:

Other selected key findings include:

• The use of credit and debit cards continued to grow in most markets in 2009 and global transaction volumes were up 9.7%. Cards remain the preferred non-cash payment instrument globally, with a market share of more than 40% in most markets and a high of 68% in Canada. Learn more about the mix of payments instruments including the decline of check usage across the globe in the report.
• E-payments and m-payments collectively accounted for an estimated 22.5 billion transactions in 2010. Mobile payments are growing even faster than predicted in our last report reflecting strong user adoption. Mobile payments will represent 15% of all cards transactions by 2013, and will overcome cards volumes within 10 years if growth continues at the same rate.
• eGovernment initiatives are emerging as a key enabler of non-cash payments.
• Key Regulatory and Industry Initiatives (KRIIs) are fuelling five main industry transformation trends (ITTs): Systemic-risk reduction and control, Standardization, Transparency, Convergence, and Innovation, which are combining to drive change far into the future. Industry players will need to gauge the effects and reshape their business (and delivery) models accordingly.
• Market conditions and trends are driving standardization in the payments landscape, increasing commoditization in most payments instruments. In this environment, the imperative for banks and PSPs is to distinguish their propositions and prove their value through specialization. Learn more about two potentially evolving roles of Wholesale Payments Providers (WPP) and Retail Payments Services Providers (RSPP) in the report.

The report includes spotlights on key regulatory and industry initiatives, card fraud: chip-and-PIN technology, and mobile payments.

Contact Us

To discuss the findings of the World Payments Report in more detail and find out how the SEPA will impact your financial institution, contact us at .