Card-linked wallets are predicted to take up the vast majority of e-commerce spending conducted with digital wallets in the UK by 2028. This is according to hybrid research released in 2024, which - depending on the country - either used database modeling or data acquired via a consumer survey. Wallets ranked relatively high among the UK's most-used online payment methods. In contrast, the adoption of wallets in the UK was relatively lower, when compared to other countries worldwide.
Value of transactions with card-linked and non-card-linked wallets in online shopping in the United Kingdom (UK) in 2023, with a forecast for 2028
Figures have been calculated by Statista, but originate from different sources depending on the country. See the "Details" tab for more information.
Method of interview
Online survey
Supplementary notes
The source shares data for 37 countries and territories across the world. Most of these come from a database from Juniper Research. 14 countries, however, did receive a separate survey. These countries are: Brazil, China, Colombia, India, Indonesia, Japan, Malaysia, Nigeria, Philippines, Saudi Arabia, South Korea, the terrority of Taiwan, Thailand, and Vietnam. The source does not add why this was the case.
This separate survey asked 750 e-commerce payments users in each of the 14 countries, leading to 10,500 respondents in total. The source adds that results were not weighted, and participants were incentivized to do so.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (March 27, 2024). Value of transactions with card-linked and non-card-linked wallets in online shopping in the United Kingdom (UK) in 2023, with a forecast for 2028 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1536143/digital-wallet-market-size-forecast-in-online-shopping-in-the-uk/
Statista. "Value of transactions with card-linked and non-card-linked wallets in online shopping in the United Kingdom (UK) in 2023, with a forecast for 2028." Chart. March 27, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1536143/digital-wallet-market-size-forecast-in-online-shopping-in-the-uk/
Statista. (2024). Value of transactions with card-linked and non-card-linked wallets in online shopping in the United Kingdom (UK) in 2023, with a forecast for 2028. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1536143/digital-wallet-market-size-forecast-in-online-shopping-in-the-uk/
Statista. "Value of Transactions with Card-linked and Non-card-linked Wallets in Online Shopping in The United Kingdom (Uk) in 2023, with a Forecast for 2028." Statista, Statista Inc., 27 Mar 2024, https://www.statista.com/statistics/1536143/digital-wallet-market-size-forecast-in-online-shopping-in-the-uk/
Statista, Value of transactions with card-linked and non-card-linked wallets in online shopping in the United Kingdom (UK) in 2023, with a forecast for 2028 Statista, https://www.statista.com/statistics/1536143/digital-wallet-market-size-forecast-in-online-shopping-in-the-uk/ (last visited December 23, 2024)
Value of transactions with card-linked and non-card-linked wallets in online shopping in the United Kingdom (UK) in 2023, with a forecast for 2028 [Graph], Statista, March 27, 2024. [Online]. Available: https://www.statista.com/statistics/1536143/digital-wallet-market-size-forecast-in-online-shopping-in-the-uk/
