
Most used payment methods in e-commerce worldwide in 2024, with a forecast for 2030
In 2024, mobile wallets accounted for roughly
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percent of global e-commerce payment transactions, making it the most popular online payment method worldwide. This is to increase with a CAGR of Log in or register to access precise data.
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percent between 2024 and 2030. Credit cards ranked second with a Log in or register to access precise data.
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percent market share in 2024, a figure which is projected to decline to Log in or register to access precise data.
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percent by 2030.Log in or register to access precise data.
Digital & mobile wallets around the world
Although digital and mobile wallets were globally the leading choice when buying online, some regions used this payment method more than others. For instance, the digital or mobile wallet was most popular in the Asia Pacific region, where it accounted for approximately
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percent of e-commerce transactions in 2020. In contrast, this method’s transaction share amounted to only about Log in or register to access precise data.
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percent in Latin America. Log in or register to access precise data.
United Kingdom vs. United States
Consumers in the United Kingdom and the United States both liked using digital or mobile wallets when paying for products or services online. One major difference between these two groups, however, was their approach to card payment methods. Approximately
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percent of online shoppers in the UK made payments using debit cards, while U.S. shoppers had a clear preference for credit cards in 2020.Log in or register to access precise data.