Emerging markets leading the way in cutting-edge payments innovations, UK report finds

Mobile payments embraced in emerging markets where banking infrastructure lags

mobile-payments
Mobile payments embraced in emerging markets where banking infrastructure lags

The UK boasts one of the largest ranges of payment options, but emerging markets are leading the charge for "most cutting-edge" innovations, a report finds.

According to a report published by Payments UK, a domestic trade association, emerging markets are quickly embracing new payment technology, particularly in the area of mobile payments.

"The growth of the middle class and expanded consumer activity in emerging markets represents vast untapped opportunities for payment services," says

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

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 individual account

.