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CFA SINGAPORE INSIGHTS

Getting the most out of a cashless world: assessing the online payments sector

Get to grips with the investment fundamentals of the online payments sector

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Total worldwide digital payments by consumers alone (excluding business-to-business) reached US$4.1 trillion in 2019, and is estimated to hit US$6.7 trillion by 2023, equating to a CAGR of about 12.8%.

TAP, swipe, wave. Technology has made it so wonderfully easy to spend our invisible money.

Indeed, when was the last time you withdrew money from an ATM? It used to be the quintessential financial transaction, but it is gradually becoming less critical and thus less common. We'd be...

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