DMI – the Future of Payments

Value of big tech mobile payments as a share of GDP, %. Source: Bank for International Settlements, OMFIF analysis.

Value of big tech mobile payments as a share of GDP, %. Source: Bank for International Settlements, OMFIF analysis.

OMFIF’s Digital Monetary Institute recently published a report on the Future of Payments. The report is a thorough examination of non-cash payment developments but two elements stood out. Firstly, a striking infographic showing the age profiles of four parts of the world and, secondly, more information on the growth, importance and impact of mobile payments.