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By: Kendrick Sands

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By: Ryan Tuttle

 

The 2018 edition of Euromonitor International’s Consumer Finance system is now live and Euromonitor discusses key industry trends. Global use of cash continued to decline from 2016 to 2017 and is expected to decline further over the forecast period. The largest single market by card payment value, China, reported modest growth from 2016 to 2017 after double digit growth for over a decade. In terms of global consumer lending, card lending was the largest category making up 48% of total gross lending value in 2017.

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