The US is becoming the world’s largest closed-loop payments system
Banking 4 Tomorrow
OCTOBER 1, 2013
'Last year the US contributed close to 20% of the world’s GDP despite coming off the back of the biggest economic downturn since the 1930′s Great Depression. The US, UK, Germany, Russian and CIS States, and China dominate the world’s payment landscape currently, but in volume of non-bank payments the US dominates with over 50% of the world’s […].
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