The use of digital payments on E-commerce websites is on the rise in 2026.
It is no wonder that the digital payment market has expanded and is expected to reach the astounding figure of $20.09 trillion this year.
The widespread acceptance of online payments can be attributed not only to their ease of use but also to the way they have eliminated the need for carrying cash while shopping.
Here are some interesting E-commerce payment statistics for 2026.
Key Online Payment Statistics
- Credit and debit cards are among the Gen Z age group. 4 out of 10 GenZ participants chose digital cards as their favorite mode of online payment.
- 51% of people said that they would not even consider buying from a shop that does not support digital wallets for payment.
- 60% of all global online sales are placed on mobile devices, and total mobile ecommerce sales have surpassed the figure of $2.2 trillion.
- The QR code market is estimated to be $13.04 billion in 2025 and will increase to $28.64 billion by 2030 with a CAGR rate of 17.03%.
- PayPal is a leading global e-commerce payment platform, boasting 434 million users worldwide with total transactions reaching $26 billion.
- Stripe surpassed $1.4 trillion in payment volume in 2024, which is equal to around 1.3% of global GDP.
E-commerce Payment Market Size
- The total revenue in the e-commerce market worldwide is valued at $4.32 trillion in 2025, and with a CAGR of 8.02%, the projected rise is at $5.89 trillion by 2029.
- The total number of e-commerce users in the world is rising and is expected to reach an astonishing figure of $3.69 billion by 2029, and the user penetration, which is 42.4% in 2025, will reportedly increase to 49.1% by 2029.
- The e-commerce market share in the US is projected to reach 1.34 trillion in 2025 and will be able to reach 1.89 trillion by 2029 with a good CAGR rate of 8.22%.
- The number of users in the American E-commerce market is believed to reach the figure of 333.5 million by the end of the year 2029.
Country-wise Online Payments Statistics
- Here is a table showing the country-wise breakdown of transaction value and more, using online payments.
| Country | Transaction value in 2025 | CAGR | Projected increase by 2030 |
| China | $9.28 trillion | 7.48% | $13.32 trillion |
| USA | $3.10 trillion | 18.19% | $7.16 trillion |
| UK | $441.83 billion | 17.22% | $977.82 billion |
| India | $1.88 trillion | 13.88% | $3.61 trillion |
China is the leading country in terms of online payment e-commerce statistics. There are several reasons behind this growth, namely, a huge Chinese population, cheaper internet rates, and their willingness to shift towards digital payments.
Mobile Payment Statistics E-commerce:
With the advent of mobile devices, placing online orders has never been this much easier. With just a few taps on the screen at our own convenience, we can place orders virtually anywhere we want in the world and thus buy our required goods.
- Smartphones accounted for nearly 80% of all retail websites worldwide and also generated more online orders compared to desktops and tablets.
- Revenue from mobile devices will reach 2.5 trillion in 2025, which is expected to double in the next 4 years, comprising over 63% of total retail e-commerce.
- In China and South Korea, mobile commerce accounts for approximately 70% of all eCommerce transactions, underscoring the region’s mobile-first mindset.
Buy Now, Pay Later E-commerce Statistics
The Buy Now Pay Later service is very popular nowadays. Since the buyer does not need to think about his finances before placing his order, it has amassed a great following.
- The Buy Now Pay Later market size is expected to increase by 70% between the years 2024 and 2030. Its global market share had also risen to around 5% as of 2024.
- In the USA, the most famous BNPL service is Klarna, which was valued at $14.6 billion in the year 2024.
- Affirm is also slowly maintaining its grip on American society, as it already has 7.4 million downloads under its name.
Despite its rising popularity, concerns persist around increasing consumer debt, as well as the potential impact on credit scores and overspending habits, which are largely seen in the younger generation.
Frequently Asked Questions
How big is the e-commerce payments market?
The total revenue in the e-commerce market worldwide is valued at $4.32 trillion in 2025, and with a CAGR of 8.02%, the projected rise is at $5.89 trillion by 2029.
Which country is the no. 1 in online payments?
China leads the world in the total transaction value of online payments. Its large population and its people’s willingness to use online payment methods are some of the reasons behind it.
However, if we talk about the largest number of real-time transactions in a country, then India ranks first.
Which payment method is most commonly used in e-commerce?
The most used payment methods in e-commerce are credit and debit cards as of now, but they are threatened by another online payment method, like Digital wallets, which has taken global e-commerce by storm.
Conclusion
E-commerce is expanding at a rapid pace and shows no signs of slowing down. It presents countless opportunities for businesses to connect with customers in more efficient and personalized ways.
The data above clearly reflects strong consumer enthusiasm and a growing willingness to spend online. This fact alone testifies to the bright future of e-commerce and speaks volumes about the faith people from around the world have in E-commerce and its capabilities.
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Sources: Statista, Juniper Research, Payment CMI, Custom Marketing Insights, PayPal
