How digital payments are taking over the world: tap, click, and pay

How digital payments are taking over the world

According to BIS data, the number of cash withdrawals and small-denomination banknotes decreased in 2022 while the use of digital payments increased globally. In advanced economies, the average annual number of cashless payments per capita increased by 10% from 426 to 468 in 2022; in emerging market and developing economies, it increased by 18%, from … Read more