- United Kingdom: Credit card profits grew strongly between 2010 and 2014 as issuers cleaned up their portfolios in the wake of the global financial crisis; however, Lafferty expects sluggish growth in volume and more transactional behaviour among cardholders to constrain growth in the forecast years.
- Kenya: It is likely that Kenyans will continue their preference for mobile money over debit cards over the next several years. Lafferty forecasts that, by 2018, the annual value of mobile payments will reach $47.7 billion, while total debit card billed volume will amount to $14.6 billion.
- Poland: Poland is one of the leading markets globally for contactless payments. In 2015, over half of all POS transactions in the country were contactless. The popularity of contactless payments suggests great potential for the adoption of mobile payments. A range of mobile contactless payment solutions have been launched by banks, networks and mobile operators.
- Slovakia: Merchant acquiring in Slovakia has traditionally been carried out by the leading issuing banks, but this is set to change with Global Payments entering the market through a joint venture.
AT A GLANCE
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