E-wallet and Economic analysis
Non-cash transactions conducted via e-wallets were estimated to total 41.8 billion globally during 2016. Of the estimated total, about 71.0%, or 29.7 billion, were conducted via the payment apps and e-wallets offered by BigTechs to their customers. We explore how high non-cash transactions can provide benefits to the society, addressing even challenging issues such as corruption as Non-cash transactions share a positive linear correlation with corruption perception index.
E-wallet Market Analysis, 2016
Global electronic wallet (e-wallet) transaction volumes are estimated to be about 41.8 billion in 2016, comprising almost 8.6% of all non-cash transactions. Of the estimated total, about 71.0%, or 29.7 billion, were conducted via the payment apps and e-wallets offered by BigTechs to their customers. These offerings present a distinct value proposition to these customers. While they dominate e-wallet volume share, the BigTechs market share of total global non-cash transactions is still below 10.0%.
World Payments Report 2018
The World Payments Report 2018 from Capgemini and BNP Paribas is the leading source for data, trends and insights on global and regional non-cash payments, the key regulatory and industry initiatives (KRIIs), and today’s dynamic payments environment. It explores how emerging technologies can help banks become anchors of a new payments ecosystem and offer new value-added services to customers, including corporate treasurers.Download now