New Mastercard research finds institutional support and buy-in key to even greater adoption
Money makes the world go round, or should we say digital payments?
Over the past year, the world has been inundated with accelerated adoption of trends across a multitude of different payment layers – from the rise of open banking adoption, to the buzz of cryptocurrencies and Buy Now Pay Later (BNPL).
Today, Asia Pacific (APAC) is racing ahead when it comes to adoption of these trends, according to new research from Mastercard.
Mastercard’s second annual New Payments Index surveyed over 35,000 respondents across 40 countries – including 7,000 from Australia, China, India, Japan, New Zealand, Thailand and Vietnam – for their views on emerging and current payments. This infographic provides insights into the adoption of digital wallets, biometrics, cryptocurrencies, BNPL and digital banking among APAC consumers.