Likely areas for payments innovation 2027| ��ƽ��

Areas in the world most likely to spearhead payments innovation between 2022 and 2027, according to respondents

Key geography for payments innovation, according to respondents:	Total respondents	Respondents from Americas	Respondents from Asia-Pacific (APAC)	Respondents from Europe, Middle East, Africa (EMEA)
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Release date

April 2023

More information

Region

Worldwide

Survey time period

May 31, 2022 to October 27, 2022

Number of respondents

514 respondents

Age group

18 years and older

Special properties

visitors to fintech event Money20/20, or who saw their marketing channels

Supplementary notes

The source does not provide information from which countries its respondents were from. It does add it has networks in the U.S., Europe, and Asia.

The source does not provide any information on the respondents. It adds that a fintech event was used to promote the survey, so the background of respondents can vary.

The source does not provide information on the original wording used during the survey. Thus, the wording chosen for this statistic may differ slightly from the one in the survey.

Citation formats

Respondents from Asia-Pacific had a different opinion on which area in the world is to be a hotbed for payments innovation than those from the Americas. When asked in a survey held during a fintech event, the United States was seen by most attendees to be the most likely geography in the world for payments innovation. Notable, however, are the responses from Asia-Pacific attendees: They placed India and Japan over as high as their counterparts from the Americas or the EMEA. To some extent, this is not uncommon, as respondents generally favored their own areas. EMEA attendees, for example, were more likely to name "Africa", while respondents from the Americas looked at South America. The source mentions, however, that the answers given by the Asia-Pacific respondents were "markedly" different. This is likely caused by the UPI, or the Unified Payments Interface, in India, a digital payments infrastructure rolled out by the country's central bank and is believed to the biggest real-time payment scheme in the world.