{"id":17321,"date":"2023-09-26T10:00:15","date_gmt":"2023-09-26T10:00:15","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=17321"},"modified":"2023-09-26T10:00:15","modified_gmt":"2023-09-26T10:00:15","slug":"global-non-cash-transaction-volumes-to-reach-usd-1-3-trillion-in-2023","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/global-non-cash-transaction-volumes-to-reach-usd-1-3-trillion-in-2023\/","title":{"rendered":"Global Non-Cash Transaction Volumes to Reach USD 1.3 Trillion in 2023"},"content":{"rendered":"<p>According to the new <a href=\"https:\/\/www.capgemini.com\/insights\/research-library\/world-payments-report\/\"><em>2023 World Payments Report<\/em><\/a> published by Capgemini Research Institute, non-cash transaction volumes will reach USD 1.3 trillion in 2023. This surge is driven by the convenience and increased security offered by mobile wallet and online banking solutions. The digital transformation of industries, coupled with the impact of the COVID-19 pandemic, has further accelerated this shift. The Asia-Pacific region leads growth in this area due to its expanding digital economies, with North America and Europe also experiencing substantial increases. Overall, a move towards cashless societies seems inevitable as digital payment methods become more prevalent and accessible.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-17321 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Mobile Finance Report 2020 benchmarks banking and payment apps'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/mobile-finance-report-2020-benchmarks-banking-and-payment-apps\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/12\/2bca6d96-a2af-40d9-a9ff-635e3fa5e6da1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15579\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15579'>\n\t\t\t\tMobile Finance Report 2020 benchmarks banking and payment apps\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Addressing cybersecurity in financial institution-FinTech partnerships'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/addressing-cybersecurity-in-financial-institution-fintech-partnerships\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/11\/addressing-cybersecurity-in-financial-institution-fintech-partnerships-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11462\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11462'>\n\t\t\t\tAddressing cybersecurity in financial institution-FinTech partnerships\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='41% of EU banks fail to meet important PSD2 deadline'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/41-of-eu-banks-fail-to-meet-important-psd2-deadline\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/41-of-eu-banks-fail-to-meet-important-psd2-deadline-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12988\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12988'>\n\t\t\t\t41% of EU banks fail to meet important PSD2 deadline\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>According to the new 2023 World Payments Report published by Capgemini Research Institute, non-cash transaction volumes will reach USD 1.3 trillion in 2023. This surge is driven by the convenience and increased security offered by mobile wallet and online banking solutions. The digital transformation of industries, coupled with the impact of the COVID-19 pandemic, has &hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17321"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=17321"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17321\/revisions"}],"predecessor-version":[{"id":17322,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17321\/revisions\/17322"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=17321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=17321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=17321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}