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Maciamo
13-09-17, 12:50
In 2013 Mastercard release a report called Cashless Journey (https://newsroom.mastercard.com/wp-content/uploads/2013/09/Cashless-Journey_WhitePaper_FINAL.pdf), analysing the percentage of cashless transactions as a share of the total value of consumer payments in 33 countries. Here is the ranking.




Belgium : 93%
France : 92%
Canada : 90%
United Kingdom : 89%
Sweden : 89%
Australia : 86%
Netherlands : 85%
United States : 80%
Germany : 76%
South Korea : 70%
Singapore : 69%
Japan : 62%
Brazil : 57%
China : 55%
Spain : 54%
Mexico : 53%
Malaysia : 45%
Italy : 44%
Greece : 44%
Taiwan : 43%
South Africa : 43%
Poland : 41%
Thailand : 41%
India : 32%
Russia : 31%
Indonesia : 31%
Kenya : 27%
United Arab Emirates : 26%
Colombia : 23%
Peru : 23%
Saudi Arabia : 19%
Nigeria : 10%
Egypt : 7%


The countries with the highest percentage of individuals possessing a debit card were the Netherlands (98%), Sweden (97%), the UK (88%), Canada (88%), Germany (88%), Belgium (86%), Australia (79%), the USA (72%) and France (69%).

LeBrok
13-09-17, 15:33
I thought Japan would be first, due to highest adaptation of electronic technology.

Maciamo
13-09-17, 18:03
I thought Japan would be first, due to highest adaptation of electronic technology.

Actually, having lived in Japan I thought Japan would rank have been in the 30% to 40%. Japan is still very much a cash-based society. Many shops do not accept cards, and even those that do may only take some types of cards (typically credit but not debit). Every time I travel to Japan I am forced to withdraw large amounts of cash as I know I won't be able to pay by card almost anywhere, except maybe in supermarkets and department stores.