The global banking & payments industry experienced a 13% drop in social media posts on online payments in Q1 2023 compared with the previous quarter, with the highest share accounted for PayPal, according to GlobalData’s analysis of social media posts. An overview of the impact of instant payment technology on the payments industry is included in GlobalData’s Instant Payments Market Analysis report along with information on key countries and companies in the sector and instant payment-associated risks and solutions. Buy the report here.
Smarter leaders trust GlobalData
Notably, cryptocurrencies was one of the most frequently referenced themes in Q1 2023, ranking highest in terms of mentions ahead of blockchain and financial wellness, according to GlobalData.
Of the 50 leading companies in the banking & payments industry, PayPal had the most mentions of online payments in Q1 2023. GlobalData identified 11,969 online payments-related posts in the industry's social media activity - 0.89% of all posts - and a decrease of 13% in Q1 2023 compared with Q4 2022.
For further understanding of GlobalData's Instant Payments Market Analysis, Key Trends, Strategies, and Future Implications, 2022 buy the report here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Social Media Analytics uses machine learning to uncover key insights and track sentiment across millions of social media posts across selected Twitter influencers and Reddit channels.
