Japan 2025

Introduction – Payments in Japan Japan is an island nation in East Asia, governed as a constitutional monarchy with a parliamentary government. The country is divided into 47 prefectures and is renowned for its advanced infrastructure, high standard of living, and technological innovation. Over the past decade, Japan has undertaken steady regulatory reforms to modernize […]

Singapore 2025

Introduction – Payments in Singapore Singapore is a sovereign city-state and island nation in Southeast Asia, governed as a parliamentary republic. Despite its compact geography and population of approximately 5.9 million, Singapore has established itself as a global financial center with a sophisticated regulatory environment and a strong emphasis on innovation, stability, and digital transformation. […]

Indonesia 2025

Introduction – Payments in Indonesia Indonesia, the world’s largest archipelago (comprising more than 17,000 islands) and Southeast Asia’s most populous nation, is home to over 278 million people and a dynamic, rapidly evolving payments landscape. As the region’s largest economy, Indonesia is experiencing a profound transformation in how consumers and businesses transact, driven by a young, […]

India 2025

Introduction – Payments in India India is a sovereign nation in South Asia, governed as a federal parliamentary democratic republic. The country consists of 28 states and 8 union territories. The Indian parliament is bicameral, and the nation has been undergoing significant regulatory reforms aimed at driving financial inclusion and a cashless economy. With a […]

European Payments Report Part 2 – Card Payment Ecosystem in Europe 2025

European girl using mobile phone at home

2. Card Payment Ecosystem in Europe  The European card payment market has a competitive decentralised infrastructure. The adoption of the revised Payment Services Directive, PSD2, has set the stage for Digital Card Payments in Europe. PSD2, disruptive technologies and the competing Open Banking payment ecosystem challenge the card payment ecosystem in Europe. On the other […]