20 Digital Payments Statistics For 2026 [Updated]

The world is moving from cash to cashless payment solutions. 💸

These 20 digital payment statistics prove that digital payments are now shoppers’ favorites, and the sooner a business adopts this approach, the better.

In this post, we’ve gathered some important statistics about digital payments that you must not miss if you are planning to start your online business. 

General Digital Payments Statistics 2026

These statistics will give you an overview of digital payments’ impact on the market so far and what the future looks like.

While traditional payments were the only accepted payment mode long ago, this is not the case now.

Read on and know why:

1. In 2023, the total transaction value in the digital payments segment is estimated to reach $9.46 trillion and is expected to reach $11.53 trillion in 2024 which is expected to $20.09 trillion in 2025.

2. The digital payments market is expected to grow further to $16.59 trillion by 2028 (CAGR of 9.25% between 2024 and 2028).

3. Digital commerce is the largest segment in the digital payments market, with an estimated value of $13482.1 million in 2025.

4. Two-third of the adults worldwide use digital payments to send or receive money.

If you’re a business looking to accept payments online, check out our list of best payment gateways in India.

Leading Countries in Digital Payments

If you are wondering, out of the endless transactions happening each day, which country has the most digital payments? Here is your answer.

These digital payment statistics by country will give you a clear picture of which country is making the most of this payment solution and whether your business’s target audience is actively using it.

5. China leads the digital payments market in terms of total transaction value. China’s digital payments transaction value was estimated to be $3,744 billion in 2024 and is now 9.30 trillion in 2025.

6. India reported the highest number of real-time transactions, accounting for 48% of the market share, followed by Brazil, China, Thailand and South Korea.

7. Here is the digital payments by country list for you with the number of transactions from each country.

8. Government of Taiwan is ambitious about digital payments and has set a goal of 90% mobile payment penetration by 2025.

United States Digital Payments Statistics

If your major target audience resides in the U.S., the digital payment solution is a sure-shot hit for you.

Here are some interesting U.S. digital payment statistics to help you understand the customers’ choices and preferences.

9. The total transaction value of digital payments in the United States is estimated to be $3,073 billion in 2024 and $3.15 trillion in 2025.

10. The United States Digital payments market is expected to grow at 14.66% CAGR and reach $4,620 billion by 2028.

11. 7 out of 10 US customers surveyed agreed using a mobile app for making payments.

12. 42% of the US customers by Feb 2025 surveyed felt comfortable leaving their wallets at home and relying on mobile phones for payments.

13. PayPal, Apple Pay, and Cash App are the top mobile payments brands used by customers in the United States. More details are tabulated below:

Most Popular Digital Payment Methods

Now that you know that digital payments are here to stay, the next big and important question is which payment solution to work with.

Picking the right solution, which users prefer, can make it easy for them to finish a transaction, and you don’t need to worry much about cart abandonment.

14. Digital/Mobile Wallets, Credit Cards, and Debit Cards were the top 3 most used ecommerce payment methods.

15. The digital payments trends also show consumer’s shift towards BNPL payment methods.

Mobile Payments (M-Payments) Statistics

In the last few years, the convenience of paying anywhere using mobile phones has resulted in a significant growth of m-payments. 

The mobile payments market is expected to grow further in the coming years as well.

Here are the key mobile payment statistics supporting its growth:

16. The global mobile payment market size was valued at $52.21 billion and was estimated to be $67.51 billion in 2023 which reached 2.66 trillion in 2024 and is forecasted to reach $11.55tn in 2025, exhibiting a growth rate (CAGR) of 16.4% during 2025-2033.

17. The total value of global mobile transactions was $2.2 trillion in 2023, $12.94 billion in 2024 and $15.96 billion in 2025 at a compound annual growth rate (CAGR) of 23.4%.

18. Mobile payments market is booming. It is expected to grow at a CAGR of 36.2% between 2023 to 2030.

19. The growth of mobile payments will continue in the upcoming years and it will overtake cash and card payments by 2025.

20. WeChat Pay, Apple Pay, AliPay remained global leaders in the mobile payments in 2025. The table provided below lists the top 10 digital payment apps and the number of users:

Start Your Digital Payment Journey

The digital transaction fever is moving quickly in the online world.

As a business owner, it is wise to start investing in this early, so you want to start working the way your customers like.

Sources: Statista, The World Bank, Times of India, WorldPay Global, Statista, Marqeta, Grand View Research, Merchant Machine