Value of Non-Cash Transactions

H-36

DEFINITION:

Value of payments processed measured by Gross Transaction Value during the reporting period.

GUIDANCE:

The indicator measures the total value of transactions processed by the intermediary. This measure may include the overall transaction volume processed by the intermediary (e.g. including cash-in, cash-out transactions processed by an agent network) or be defined more specifically focused on non-cash transactions, digital merchant retail payments or cross-border payments. For ‘non-cash transactions’ the definition would typically include number of cheques, credit transfers, direct debits, payment card transactions, and payments by e-money instruments (card-based e-money instruments, mobile money products, and online money products). Digital merchant retail payments would refer to electronic transactions for the payment of goods and services.  Cross-border payments would typically refer to international remittances and other cross-border payments.

Applicability: intermediated finance, where possible and relevant, not Fund investment.

Unit: # currency