$ Transfers and Digital Payments

Emerging P2P, B2B, B2P, C2B, A2A, Fintech, crossborder money transfer platforms e.g., Western Union, WorldRemit, domestic money transfer platforms, e.g., Zelle. Also included is content related to Central Bank Digital Currency (CBDC).

BUY NOW, PAY LATER USAGE BETWEEN BNPL USES ONLY AND BNPL USERS WITH CREDIT CARDS

This slide shows a comparison between shoppers using a buy now, pay later option vs buy now, pay later users who have a credit card. The purpose is to show how BNPL has empowered a greater number of consumers.

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THE FUTURE OF INDIA’S DIGITAL PAYMENT

In this publicly available report from Redseer Strategy Consulting, it is estimated that 85% of businesses in India will be digitally enabled by FY26. This means that a large majority of businesses in India will have embraced digital technologies and processes for their operations.

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VOLUME OF ECOMMERCE PAYMENTS BY GLOBAL REGIONS 2019

A slide showing the relative volume in US$ billions of eCommerce, mobile payments, and mobile proximity payments in 20219. Information in global, with a breakout of Asia Pacific, North America, EMEA, and Latin American payments. Source: Walter Kitchenman, Lafferty Research.

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WESTERN UNION DIGITAL EXPANDS IN ASIA: MOBILE APP NOW LIVE IN SINGAPORE

In this press release, Western Union announces the launch of the Western Union mobile app in Singapore, connecting customers to families and loved ones around the world, 24/7. Activation of the app in Singapore has given Western Union a digital trifecta in Asia this year, as Singapore now joins Hong Kong and Malaysia in benefiting from Western Union’s digital acceleration of major regional economic centers across the world.

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