Global payment revenues have been on a downward trajectory as the result of the pandemic. Even the Asia–Pacific region, which normally outpaces other areas in revenue growth, saw a contraction of 6 percent in 2020. Still, this year’s global payments revenues could be closer to 2019 figures, setting a foundation for a broader recovery.
To read the article, see “Global payments 2021: Transformation amid turbulent undercurrents,” October 7, 2021.