Value and share of cross-border card spending worldwide in 2022, by region

The share of cross-border card spending was at about six percent worldwide, although the values and shares varied noticeable between regions. This is according to data from a UK market researcher released over time, and which have been gathered by Statista. Cross-border payments in general are forecast to increase noticeably between 2023 and 2030. Here, Asia-Pacific stands out as the region with the highest value of cross-border payments conducted with payment cards. In 2022, payment cards first issued from Asia-Pacific accounted for roughly 1.13 billion U.S. dollars worth of cross-border payments. However, they accounted for five percent of total Asia-Pacific payment card expenses. The reverse could be seen for Europe: Nearly 12 percent of all payment card spending from European cards was cross-border.