Page 19 - WTM Cities Report

Total Transactions by Card and Cash in Key Countries 2017
Source: Euromonitor International
Cities driving cashless revolution
relied heavily on cash, as many citizens do not have bank accounts. Cities are driving a cashless revolution, with the push towards digital payments coming from governments, companies and consumers.
ASIA
100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%
South Korea
Singapore
Hong Kong
Australia
China Card Cash
Japan
India
UK US
A big step towards a “smarter” society and economy is the growth of digital payment facilities. Developing economies such as China and India have traditionally
© 2017 Euromonitor International 16