How good which are the western payments that are european?

PPRO’s report that is latest on Western Europe explores 12 nations’ re re payments ecosystem when you look at the diversified area this is certainly house to two major language teams, along with a few of the most essential economic hubs on earth.

As an example, did you know bank cards usually do not even achieve 50 % of the european populace (48%), but that the spot houses about 20 alternate payment techniques? Or that smartphone penetration is high across Western Europe, with on average 70% of customers transacting on the mobile in comparison to simply 42percent of customers globally.

The common yearly earnings of Western European areas is just about $55,000, with a reported 247 million customers shopping on the internet. In 2016, Western Europeans bought $457.7 billion worth of products and services online, with all the greatest consumer that is e-commerce through the UK, France and Germany. Read more →