McKinsey’s Global Payment Map 2017 report throws light on composition of payment markets, changes & innovation in payment markets and future outlook. Marc Niederkorn, Partner at McKinsey believes that immediate payments in Asian Pacific region has picked up whereas in Europe it’s yet to pick-up. The report also highlights that changes in GDP growth & interest rates have an effect on the payment business. Marc points out that there are strong fundamentals in the industry which gives plenty opportunities for companies to grow.

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