Number of digital payment transactions in Latin America Share of digital wallets in e-commerce in Latin America A2A (account-to-account) Biggest A2A brand in Latin America A2A payment app adoption rate in Latin America A2A market share in e-commerce in Latin America Credit cards Credi...
Overview Transactions Usage trends E-commerce payments Digital banking Consumer preferencesThe most important statistics Digital payments average transaction in Southeast Asia 2022, by country and segment Digital remittances average transaction in Southeast Asia 2023, by country Transaction value...
A daily practice for John Chukwuemeka, an auto spare parts dealer from the Nigerian capital of Abuja, is to make quick financial transactions at an OPay agent near his shop. "I can't remember the last time I was in the bank," said Chukwuemeka. OPay, started by a Chinese entrepreneur in...
transactions by removing the need for money transfer operators, the Bank for International Settlements (BIS) says. CBDCs could also speed up cross-border transactions. International payments often take one or two days, but some can take five....
more aspects of the economy, particularly in terms of the ways products and services are consumed and delivered, the way transactions are conducted, and how operations are performed. It's predicted that, by 2022, more than half of the global economy will be based on or influenced by digital...
BEIJING, July 14 (Xinhua) -- China's digital yuan transactions amounted to 83 billion yuan (about 12.33 billion U.S. dollars) by the end of May this year amid the country's push for pilot use of digital currency. A total of 264 million digital yuan transactions had been carried out as...
Historically, data has always been valuable, for example, to reduce information asymmetry in economic transactions. Nevertheless, data did not play such a central role until the development of digital technologies that have enabled the mass collection, storage, and analysis of data. China produced ...
(ICT) and e-commerce, revolutionizing the conduct of economic processes. Information and communication technologies (ICT) and e-commerce have contributed to the digitalization of society, facilitating online communication and transactions (Banerjee et al.,2020). This fact has significantly impacted the ...
as well as the rise of contactless payments due to the COVID-19 pandemic. Digital wallets and mobile payment apps such as PayPal, Venmo, and Cash App have become increasingly popular among consumers, allowing for seamless and secure transactions. Additionally, the growth of fintech startups and...
Limited Acceptance:Digital currencies are still not commonly used as a means of payment by retailers and other enterprises. Because of this, using them for routine transactions may be challenging. Though digital currencies have gained in popularity, there are still limited functionalities in everyday ...