Global credit card spending will exceed cash for the first time this year ekdv-273

This year’s global consumer credit card cash will be the first time exceeded the U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants Stocks – 27 am Beijing time, the market research firm Euromonitor International (Euromonitor International) released a report Monday that the 2016 global total credit card spending will reach 23 trillion and 200 billion dollars, more than the cash for the first time, the total consumption is expected to reach $22 trillion and 600 billion. Kendrick, a senior consumer finance analyst at Sands, said it marks a milestone in the history of credit cards and electronic payments, as a result of the last 20 years. Technology has made it easier for people around the world to obtain financial services. In addition, governments in many countries have encouraged citizens to use credit cards and mobile payments to reduce "shadow economy" activities and illegal transactions. 2015 to 2016, the total credit card transactions in the Asia Pacific region increased by $1 trillion and 700 billion, the largest increase, followed by North America, an increase of $187 billion. In China, the rapid growth of mobile payments, financial technology companies have almost the same as the country’s largest banks and customers. However, MasterCard and McKinsey Co research shows that by the use of frequency, the cash is still used in 85% of the world’s transactions, but this is mainly because of the small amount of cash in the more popular. Editor: Yu Jian SF069相关的主题文章: