Over the last two decades, electronic payments have made significant progress displacing cash in many global markets, leading to economic growth, greater financial inclusion and other benefits. However, with annual cash purchases estimated at $21 trillion and nearly 2 billion adults without payment accounts, opportunities still exist to accelerate acceptance around the world.
The Accelerating Payment Acceptance, Expanding Economic Opportunities infographic outlines the value of electronic payments to global economies, the challenges countries face without proper infrastructure and policies that Visa has outlined in a recent whitepaper that would fast-track acceptance and bring the security and convenience of electronic and digital payments to everyone, everywhere.
Click here to download the infographic.
