Payments Research

Aug

The limits of renminbi internationalization

Internationalization of the yuan began in earnest more than a decade ago, with the goal of eventually establishing it as a global reserve currency. At the time, Chinese policymakers sought a larger role for China’s currency on the global stage in line with broader financial reform. Today, Beijing worries about…

Aug

India Payments Research

India’s payments market hits its stride

In the foreseeable future, India’s payments market has nowhere to go but up, analysts say. In a new report, RedSeer Consultancy estimates that India’s unique mobile payment users will grow fivefold to 800 million in 2025 from the current 160 million, while transaction volume will grow to Rs 7,092 lakh…

Aug

Asia Payments Research

South Korea goes cashless all over again

South Korea is going cashless. Again. This time it’s e-wallets and digital banks driving the trend, not credit cards. South Korea is already one of the world’s most credit-card friendly countries. By some estimates, it has the world’s highest credit card penetration rate. South Korea also has the world’s highest…

Contact Info