Central Banking

Non-cash payments growth slows


The World Payments Report 2011, published on Wednesday, announced a 5% growth in global non-cash payments, down from 9% the year before. The total number of non-cash payments in 2009 and into 2010 was 260 billion.

The global use of non-cash instruments, which expanded at a compound annual rate of 6.8% during 2001–09, has "proved resilient to the effects of the financial crisis", said the report. Nevertheless, "macroeconomic weakness did restrain the rate of growth, as the pre-crisis 2001–07 annu

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: