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)
Characteristic
Value of card payments 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 December 22, 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 December 22, 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: December 22, 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 December 22, 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/
