This statistic is from the 2021 Global Payments Report.
The report explores how businesses and economies are learning to navigate the pandemic, with the evolution of payment options being a key element of rebuilding.
Cash transaction values fell worldwide in 2020 to a historic low, but it continues to serve a unique role in the payments landscape alongside cards and digital options. It also continues to lead over other payment types in many countries, and is the most-used method of paying in Africa, across Latin America and in the Middle East.
