2021 global online payment and fintech ecosystem Report From S & P Global
The following is the 2021 global online payment and fintech ecosystem Report From S & P Global recommended by recordtrend.com. And this article belongs to the classification: research report, Online payment, financial technology.
S & P released the “2021 global online payment and financial technology ecosystem report”. The United States accounted for 26% of the total sample, the Asia Pacific region accounted for 32%, Latin America 22% and Europe 21%. From a generational perspective, the survey consists of 8% of generation Z (18-21 years old), 42% of millennials (22-37 years old), 28% of Generation X (38-53 years old), 19% of baby boomers (54-72 years old) and 4% of Silent Generation (73 years old and over).
The fintech respondents were 100 respondents from fintech companies headquartered in the United States, Germany, Brazil, Mexico, India, China, Singapore, Canada and the United Kingdom.
Main findings
COVID-19 launched a digital behavior transformation that will continue to shape the digital economy. Globally, one-third of digital payment users began to use it last year, and more than half (52%) of consumers transferred all or most of their in store consumption to the Internet.
– the global situation of digital payment is both strong and promising. More than 9 / 10 respondents (94%) said they knew about digital payment services, and 59% used at least one digital payment service.
– emerging markets are hotbeds of digital payment activities. Although the United States and Europe are interested in various digital payment experiences, the overwhelming digital payment demand of consumers in Latin America and Asia Pacific exceeds this trend.
– fintech companies play a central role in the global digital payment industry. Three quarters of consumers have at least one financial service application from non banks on their smartphone.
– digital wallets account for an increasing proportion of global consumer spending. In 2020, digital wallets account for 27% of in store spending, 41% of e-commerce spending and 46% of mobile e-commerce spending. By 2025, the global trading volume will exceed US $10 trillion.
– emerging payment experiences have great potential. 61% of consumers are interested in automatic purchase of networked devices, and 76% of consumers are interested in functions such as automatic transfer of wages to bank accounts.
– payment companies are important partners of fintech. 86% of fintech providers use it as part of their strategy and / or operations.
If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.
RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.
