Articles with tag: globaldata

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Japanese consumers prefer card payments to cash amid COVID-19 outbreak, finds GlobalData

14 Aug 2020 | Cards

GlobalData has revealed insights regarding Japan-based consumers’ shifting preferences towards card payments.

GlobalData, research, Japan, electronic payments, COVID-19, contactless payments, Seven-Eleven Japan, debit cards, credit cards, prepaid cards, Visa, Mastercard, JCB, American Express, Diners Club, cards issuers, payment settlement, merchants, card transactions, Sumitomo Mitsui Card, payment cycle

GlobalData finds a push to digital payments in Singapore due to COVID-19

11 Aug 2020 | Online Payments

The COVID-19 pandemic has accelerated Singapore's push to digital payments, with rise in card payments and decline in cash usage, according to GlobalData.

COVID-19, digital payments, Singapore, GlobalData, online payments, card payments, cash, withdrawals, ATM, merchants

The payment cards market growth from Taiwan is expected to sustain the COVID-19 outbreak

22 Jul 2020 | Cards

GlobalData has revealed that the value of card payments in Taiwan is estimated to grow by 5.6% in 2020.

GlobalData, research, card payments, Taiwan, stimulus measures, triple stimulus, Cardholders, credit card, debit card, ecommerce, online purchases, COVID-19

Card and online shopping to accelerate as Belgium slowly opens hospitality sector

22 Jul 2020 | Online Payments

GlobalData has revealed that in Belgium the mcommerce sector might benefit the most from the pandemic, as well as bars and restaurants reopening.

GlobalData, Belgium, mcommerce, COVID-19, HoReCa, contactless payments, online shopping

COVID-19 makes ecommerce even more preferred among shoppers in Hong Kong

20 Jul 2020 | Ecommerce

Data and analytics company GlobalData has revealed that Hong Kong-based consumers shift to ecommerce more and more.

GlobalData, COVID-19, ecommerce, online shoppers, Hong Kong, POS terminals, ecommerce payments, AlipayHK, WeChat Pay, PayPal, HKTVmall, Visa, eCommerce Starter Package, Boutir, micro merchants, credit cards

GlobalData analysis reveals increased use of contactless payments in India

22 Jun 2020 | Online Payments

An analysis of GlobalData’s Disruptor Intelligence Center has revealed how COVID-19 increased the use of contactless payment methods in India.

GlobalData, online retailers, India, contactless payments, QR code, NFC, PayPal, Stripe, Checkout, Amazon, Amazon Pay, digital wallets, net banking, cards, payment networks, merchant accounts, payment processing terminals, WeChat Pay, Alipay, Google Pay, Samsung Pay, Apple Pay, Visa, Mastercard, chip-based contactless card, biometrics

India to emerge as hotbed for fintech startup investments in Q1 2020

22 May 2020 | Payments General

In the first quarter (Q1) of 2020, Indian fintech startups have outpaced their Chinese counterparts in terms of both deal value and volume, says GlobalData.

fintech, investment, India, China, GlobalData, study, lending, payments, seeding, scaling, VC

France cash transactions set to decline by 2023

20 Apr 2020 | Online Payments

GlobalData’s post-COVID-19 revised-forecasts predict cash transactions will change from steady growth to yearly declines between 2021 and 2023 in France.

GlobalData, cash, online payments, ecommerce, tourism, study, France

GlobalData reports that UK cash withdrawals fall amid coronavirus

07 Apr 2020 | Payments General

Data and analytics company GlobalData has estimated that the total growth of UK payment transactions had been revised down due to the coronavirus.

UK, cash, withdrawals, coronavirus, pandemic, GlobalData, CAGR, cards, transactions

Cash transactions in China to see negative growth up to 2023

06 Apr 2020 | Cards

Cash transactions will see significant decline in China due to the coronavirus pandemic while card payments continue to grow over the next four years, according to GlobalData.

cash payments, credit card, cards, shopping, card payments, China, study, GlobalData

Vietnam's ecommerce market to surpass USD 17 billion in 2023

09 Mar 2020 | Ecommerce

The Vietnamese ecommerce market is projected to grow at a compound annual growth rate (CAGR) of 16.3% from USD 9.4 billion in 2019 to USD 17.3 billion in 2023, according to GlobalData.

GlobalData, Vietnam. ecommerce, MoMo, PayPal, merchants, mobile wallets, PayPal, study, cash

China's retail industry sees a drop of 8.8 percent in deal activity in Q4 2019

02 Mar 2020 | Ecommerce

China's retail industry has seen a drop of 8.8% in overall deal activity during Q4 2019, when compared with the last four-quarter average, according to GlobalData’s deals database.

GlobalData, china, retail mergers, acquisitions, ecommerce, investments, statistics

India is making progress towards electronic payments, says GlobalData

27 Feb 2020 | Online Payments

India has been making progress in reducing its dependence on cash, with its share in total payments volume expected to decline from 79.8% in 2019 to 54.1% in 2023, says GlobalData.

GlobalData, cash, digital payment, online payments, digitalisation, India, merchants

UK bank branch penetration second lowest in Europe

27 Feb 2020 | Payments General

UK branch closures announced in the first two months of 2020 bring total UK bank and building society branches to below 7,000, according to GlobalData.

GlobalData, bank branches, banks, payments, Europe, UK, contactless, digital innovation

Canada's top banks lead the world in executive gender diversity, GlobalData study finds

19 Feb 2020 | Payments General

When it comes to the percentage of women in directorial roles, Canada’s top five banks performed the best, according to GlobalData.

GlobalData, retail banks, study, gender parity, UK, Germany, US, France, Spain, RBC, HSBC

QR mobile payments promote cashless payments in Malaysia, says GlobalData

18 Feb 2020 | Online Payments

Data and analytics company GlobalData has published a report revealing that Malaysia is making progress to grow e-payments adoption through QR-code mobile payments.

GlobalData, Malaysia, online payments, QR payments, cashless payments, digital payments, ecommerce, Paytm, SGQR,

Card payment value in Indonesia set to cross USD 57 bln in 2023

30 Jan 2020 | Cards

Card payment value is set to increase from USD 44.5 billion in 2019 to USD 57.1 billion in 2023, according to GlobalData, a leading data and analytics company.

GlobalData, Indonesia, cards, electronic payments, cash, EMV

Ecommerce payments in Malaysia to cross USD 11 bln in 2023

29 Jan 2020 | Ecommerce

The ecommerce market in Malaysia is expected to grow at a compound annual growth rate (CAGR) of 15.9% to reach USD 11.2 billion in 2023, says GlobalData.

Malaysia, GlobalData, study, ecommerce, Southeast Asia, report, alternative payments

Global retail industry mergers and acquisitions deals total USD 2.78 bln in December 2019

28 Jan 2020 | Ecommerce

Total retail industry mergers and acquisitions deals in December 2019 worth USD 2.78 billion have been announced globally, according to GlobalData’s deals database.

GlobalData, M&A, retail industry, mergers and acquisitions, retail, 2019

India's ecommerce market set to surpass USD 91 bln in 2023, says GlobalData

23 Jan 2020 | Ecommerce

The overall transaction value of the Indian ecommerce market is projected to grow from USD 49 billion in 2019 to USD 91 billion in 2023, according to GlobalData.

GlobalData, India, ecommerce, retailers, report, online shopping