The value of card payments in New Zealand saw steady growth between 2016 and 2019, reaching a high of 89.5 billion New Zealand dollars in 2019. This trend is projected to continue until 2024, despite an expected slowdown in growth for 2020 due to the COVID-19 pandemic. The pandemic resulted in a shift away from cash to contactless payment methods.
Value of card payments in New Zealand from 2016 to 2020, with forecasts until 2024 (in billion New Zealand dollars)
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GlobalData. (December 17, 2020). Value of card payments in New Zealand from 2016 to 2020, with forecasts until 2024 (in billion New Zealand dollars) [Graph]. In Statista. Retrieved April 25, 2024, from https://www.statista.com/statistics/1227375/new-zealand-card-payments/
GlobalData. "Value of card payments in New Zealand from 2016 to 2020, with forecasts until 2024 (in billion New Zealand dollars)." Chart. December 17, 2020. Statista. Accessed April 25, 2024. https://www.statista.com/statistics/1227375/new-zealand-card-payments/
GlobalData. (2020). Value of card payments in New Zealand from 2016 to 2020, with forecasts until 2024 (in billion New Zealand dollars). Statista. Statista Inc.. Accessed: April 25, 2024. https://www.statista.com/statistics/1227375/new-zealand-card-payments/
GlobalData. "Value of Card Payments in New Zealand from 2016 to 2020, with Forecasts until 2024 (in Billion New Zealand Dollars)." Statista, Statista Inc., 17 Dec 2020, https://www.statista.com/statistics/1227375/new-zealand-card-payments/
GlobalData, Value of card payments in New Zealand from 2016 to 2020, with forecasts until 2024 (in billion New Zealand dollars) Statista, https://www.statista.com/statistics/1227375/new-zealand-card-payments/ (last visited April 25, 2024)
Value of card payments in New Zealand from 2016 to 2020, with forecasts until 2024 (in billion New Zealand dollars) [Graph], GlobalData, December 17, 2020. [Online]. Available: https://www.statista.com/statistics/1227375/new-zealand-card-payments/