{"id":2026,"date":"2025-02-12T07:30:00","date_gmt":"2025-02-12T02:00:00","guid":{"rendered":"https:\/\/meetanshi.com\/blog\/digital-payments-statistics\/"},"modified":"2025-12-09T17:52:55","modified_gmt":"2025-12-09T12:22:55","slug":"digital-payments-statistics","status":"publish","type":"post","link":"https:\/\/meetanshi.com\/blog\/digital-payments-statistics\/","title":{"rendered":"20 Digital Payments Statistics For 2026 [Updated]"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The world is moving from cash to cashless payment solutions. \ud83d\udcb8<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These 20 digital payment statistics prove that digital payments are now shoppers\u2019 favorites, and the sooner a business adopts this approach, the better.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this post, we\u2019ve gathered some important statistics about digital payments that you must not miss if you are planning to start your online business.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"general-digital-payments-statistics\">General Digital Payments Statistics 2026<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">These statistics will give you an overview of digital payments\u2019 impact on the market so far and what the future looks like.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While traditional payments were the only accepted payment mode long ago, this is not the case now.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read on and know why:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1. In 2023, the total transaction value in the digital payments segment is estimated to reach $9.46 trillion&nbsp;and is expected to&nbsp;reach $11.53 trillion in 2024<strong> <\/strong>which is expected<strong> <\/strong>to<strong> $20.09 trillion in 2025.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. The digital payments market is expected to grow further to&nbsp;<strong>$16.59 trillion by 2028&nbsp;<\/strong>(CAGR of 9.25% between 2024 and 2028).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3. Digital commerce is the largest segment in the digital payments market, with an estimated value of&nbsp;<strong>$<strong>13482.1 million<\/strong>&nbsp;<\/strong>in 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4. <strong>Two-third of the adults<\/strong>&nbsp;worldwide use digital payments to send or receive money.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re a business looking to accept payments online, check out our list of&nbsp;<a href=\"https:\/\/meetanshi.com\/blog\/best-payment-gateways-in-india\/\">best payment gateways in India<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"leading-countries-in-digital-payments\">Leading Countries in Digital Payments<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you are wondering, out of the endless transactions happening each day, which country has the most digital payments? Here is your answer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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\u2019s target audience is actively using it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">5. China leads the digital payments market in terms of total transaction value. China\u2019s digital payments transaction value was estimated to be&nbsp;<strong>$3,744 billion <\/strong>in 2024 and is now <strong>9.30 trillion<\/strong> in 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">6. India reported the highest number of real-time transactions, accounting for&nbsp;<strong>48% of the market share<\/strong>, followed by Brazil, China, Thailand and South Korea.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">7. Here is the digital payments by country list for you with the number of transactions from each country.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Country<\/th><th>Number of Real-Time Mobile Transactions<\/th><\/tr><\/thead><tbody><tr><td>India<\/td><td>48.6 billion<\/td><\/tr><tr><td>China<\/td><td>18.5 billion<\/td><\/tr><tr><td>Thailand<\/td><td>9.7 billion<\/td><\/tr><tr><td>Brazil<\/td><td>8.6 billion<\/td><\/tr><tr><td>South Korea<\/td><td>7.3 billion<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">8. Government of&nbsp;<strong>Taiwan is ambitious about digital payments<\/strong>&nbsp;and has set a goal of 90% mobile payment penetration by 2025.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"united-states-digital-payments-statistics\">United States Digital Payments Statistics<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If your major target audience resides in the U.S., the digital payment solution is a sure-shot hit for you.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are some interesting U.S. digital payment statistics to help you understand the customers\u2019 choices and preferences.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">9. The total transaction value of digital payments in the United States is estimated to be&nbsp;<strong>$3,073 billion <\/strong>in 2024 and <strong>$3.15 trillion<\/strong> in 2025<strong>.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">10. The United States Digital payments market is expected to grow at 14.66% CAGR and&nbsp;<strong>reach $4,620 billion by 2028.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">11. <strong>7 out of 10 US customers<\/strong>&nbsp;surveyed agreed using a mobile app for making payments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">12. <strong>42%<\/strong>&nbsp;of the US customers by Feb 2025 surveyed felt comfortable leaving their wallets at home and relying on mobile phones for payments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">13. <strong>PayPal, Apple Pay, and Cash App<\/strong>&nbsp;are the top mobile payments brands used by customers in the United States. More details are tabulated below:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th colspan=\"2\">US Customers Survey of Top Used Mobile Payments by Brand<\/th><\/tr><tr><th>Mobile Payments Company<\/th><th>Percentage of Respondents<\/th><\/tr><\/thead><tbody><tr><td>PayPal<\/td><td>56%<\/td><\/tr><tr><td>Apple Pay<\/td><td>54%<\/td><\/tr><tr><td>Cash App<\/td><td>53%<\/td><\/tr><tr><td>Google Pay<\/td><td>38%<\/td><\/tr><tr><td>Chase Pay<\/td><td>15%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"most-popular-digital-payments-methods\">Most Popular Digital Payment Methods<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Now that you know that digital payments are here to stay, the next big and important question is which payment solution to work with.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Picking the right solution, which users prefer, can make it easy for them to finish a transaction, and you don\u2019t need to worry much about cart abandonment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">14. <strong>Digital\/Mobile Wallets, Credit Cards, and Debit Cards&nbsp;<\/strong>were the top 3 most used ecommerce payment methods.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th colspan=\"3\">Top Used Payment Methods in 2021<\/th><\/tr><tr><th>Payment Method<\/th><th>E-commerce Usage<\/th><th>POS Usage<\/th><\/tr><\/thead><tbody><tr><td>Digital\/Mobile Wallet<\/td><td>49%<\/td><td>29%<\/td><\/tr><tr><td>Credit Card\/Charge Card<\/td><td>21%<\/td><td>24%<\/td><\/tr><tr><td>Debit Card<\/td><td>13%<\/td><td>23%<\/td><\/tr><tr><td>Bank Transfer<\/td><td>7%<\/td><td>\u2013<\/td><\/tr><tr><td>Buy Now, Pay Later<\/td><td>3%<\/td><td>1%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">15. The digital payments trends also show consumer\u2019s shift towards BNPL payment methods.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"mobile-payments-statistics\">Mobile Payments (M-Payments) Statistics<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In the last few years, the convenience of paying anywhere using mobile phones has resulted in a significant growth of m-payments.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The mobile payments market is expected to grow further in the coming years as well.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are the key mobile payment statistics supporting its growth:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">16. The global mobile payment market size was valued at <strong>$52.21 billion<\/strong> and was estimated to be<strong>&nbsp;$67.51 billion <\/strong>in 2023 which reached <strong>2.66 trillion<\/strong> in 2024 and is forecasted to reach <strong>$11.55tn in 2025<\/strong>, exhibiting a growth rate (CAGR) of <strong>16.4%<\/strong> during 2025-2033<strong>.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">17. The total value of global mobile transactions was&nbsp;<strong>$2.2 trillion <\/strong>in 2023,  <strong>$12.94 billion<\/strong> in 2024 and <strong>$15.96 billion<\/strong> in 2025 at a compound annual growth rate (CAGR) of<strong> 23.4%<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">18. Mobile payments market is booming. It is expected to grow at a&nbsp;<strong>CAGR of 36.2%<\/strong>&nbsp;between 2023 to 2030.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">19. The growth of mobile payments will continue in the upcoming years and it will&nbsp;<strong>overtake cash and card payments<\/strong>&nbsp;by 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">20. WeChat Pay, <strong>Apple Pay<\/strong>, <strong>AliPay<\/strong>&nbsp;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:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Name of Mobile\/Digital Wallet<\/th><th>Number of Global Users (in millions)<\/th><\/tr><\/thead><tbody><tr><td>WeChat Pay<\/td><td>900<\/td><\/tr><tr><td>Apple Pay<\/td><td>785<\/td><\/tr><tr><td>AliPay<\/td><td>600<\/td><\/tr><tr><td>PhonePe<\/td><td>600<\/td><\/tr><tr><td>PayPal<\/td><td>435<\/td><\/tr><tr><td>Samsung Pay<\/td><td>100<\/td><\/tr><tr><td>Venmo<\/td><td>97.1<\/td><\/tr><tr><td>CashApp<\/td><td>54.9<\/td><\/tr><tr><td>Paytm<\/td><td>20<\/td><\/tr><tr><td>Google Pay<\/td><td>10.5<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Start Your Digital Payment Journey<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The digital transaction fever is moving quickly in the online world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a business owner, it is wise to start investing in this early, so you want to start working the way your customers like.<\/p>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\"><strong>Sources:<\/strong>&nbsp;<a href=\"https:\/\/www.statista.com\/outlook\/fmo\/digital-payments\/worldwide\" target=\"_blank\" rel=\"noreferrer noopener\">Statista<\/a>,&nbsp;<a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2022\/06\/29\/covid-19-drives-global-surge-in-use-of-digital-payments\" target=\"_blank\" rel=\"noreferrer noopener\">The World Bank<\/a>,&nbsp;<a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/exclusive-at-48-billion-india-accounts-for-largest-number-of-real-time-transactions-in-the-world\/articleshow\/91070124.cms\" target=\"_blank\" rel=\"noreferrer noopener\">Times of India<\/a>,&nbsp;<a href=\"https:\/\/offers.worldpayglobal.com\/rs\/850-JOA-856\/images\/ENGPR2022.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">WorldPay Global<\/a>,&nbsp;<a href=\"https:\/\/www.statista.com\/outlook\/fmo\/digital-payments\/worldwide\" target=\"_blank\" rel=\"noreferrer noopener\">Statista<\/a>,&nbsp;<a href=\"https:\/\/investors.marqeta.com\/news-releases\/news-release-details\/marqeta-study-covid-driven-digital-payment-adoption-likely-here\" target=\"_blank\" rel=\"noreferrer noopener\">Marqeta<\/a>,&nbsp;<a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/mobile-payments-industry\" target=\"_blank\" rel=\"noreferrer noopener\">Grand View Research<\/a>,&nbsp;<a href=\"https:\/\/merchantmachine.co.uk\/rise-of-mobile-wallets-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">Merchant Machine<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world is moving from cash to cashless payment solutions. \ud83d\udcb8 These 20 digital payment statistics prove that digital payments are now shoppers\u2019 favorites, and&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1984],"tags":[],"class_list":["post-2026","post","type-post","status-publish","format-standard","hentry","category-statistics"],"acf":[],"_links":{"self":[{"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/posts\/2026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/comments?post=2026"}],"version-history":[{"count":11,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/posts\/2026\/revisions"}],"predecessor-version":[{"id":24688,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/posts\/2026\/revisions\/24688"}],"wp:attachment":[{"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/media?parent=2026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/categories?post=2026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/tags?post=2026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}