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Company Insights data table
The Digital Payments market had a global transaction value of US$8,350 billion in 2022 and is, according to Statista Market Insights, the largest market within FinTech. The digitalization of financial services is associated with a disruptive change in the industry when it comes to the checkout process (online purchases) and payment process at the POS (offline purchases). Digital payments can hence be considered as the next evolutionary step enabling further financial services and replacing classic, old fashioned payment methods (from cash to credit/debit card to mobile and digital wallets). When it comes to digital payments, China is currently the biggest market in the world, with transaction value having reached US$3,639 billion in 2022. This Company Insights data table shows essential KPIs of the world’s leading companies associated with the “online payment” trend. It ranks them by overall revenue and includes household names such as Apple and Paypal Holdings.
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