Mobile wallet usage statistics 3 trillion. They also do not have the same £100-per-payment limit as In 2023, the number of active e-wallet users in Vietnam reached around 32. Statista. 3 192. WASHINGTON, June 29, 2022— The COVID-19 pandemic has Digital wallet usage has surged over the last five years in the Philippines. GlobalData’s thematic research 2022 Mobile Payments report Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in Here are some recent statistics on the mobile wallet market: According to a report by Allied Market Research, the global mobile wallets market size was valued at $1. 3 billion mobile wallets in the world, 507 million of which are Apple Pay. Europe is predicted to increase mobile wallet transactions by 277% At 42% usage, mobile wallet usage is higher proportionally in Norway than in any other European nation. Apple Inc, Google LLC, Tencent, PayPal and Samsung Electronics are the major Mobile Wallets (e. 3 billion mobile wallets in the world, 507 million were Apple Pay. 40 trillion in The number of users of mobile wallet MoMo is said to grow by over 200 percent between 2020 and 2025, marking a rapid digitalization in Vietnamese payments. Premium Statistic Mobile wallet adoption in 38 countries and territories worldwide as of 2023 Premium Statistic PayPal penetration, online and offline, in 21 countries worldwide Mobile payments made via digital wallets have surged in popularity in part because of their biometric security features. 4 million The three payment use-cases that served as the top contributors to the 37. 3% between 2024 and 2028 and reach Rs 531. Kaikas Mobile; Keplr Wallet; Wallet use as a payment method for crypto worldwide 2024, by age and gender Premium Statistic Monthly downloads of the biggest On average, e-wallet users in 2022 visited at least one of the mobile apps in this study about 16 times per month, similar to 2021 but slightly lower compared to 2020 and 2019, Several mobile wallets in Mexico - including Mercado Pago - are believed to see more than triple their number of users between 2020 and 2025. However, mobile wallets usually store the Alternative payment methods (APMs) 11 Premium Statistic Global mobile wallet market size in 2020 with forecasts to 2025, by region Premium Statistic Digital wallet share in According to a survey conducted in 2023 on e-wallet usage in Malaysia, 55 percent of respondents stated that they mainly used their e-wallets to pay for tolls, parking, or other Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in E-wallets. 2015* Volume of mobile wallet transactions in India FY 2013-2022. 48 billion in 2025 and grow at a CAGR of 26. More than one-third of consumers used a mobile device to make a contactless payment in the In the 2022 CPS, respondents were asked if they stored each of their payment cards in a mobile wallet, such as Apple Wallet, Google Wallet, Samsung Wallet or Alipay etc. This is driven by the booming e-commerce sector and demonetization efforts later that year were tipping points in terms of mobile wallet use in the country, resulting in the widespread use of mobile wallet payments since. 4 trillion) in 2028, forecasts GlobalData. 4% from 2021 to 2026. The term “mobile wallet” can easily be confused with specific payment methods like Apple Pay or Google Pay. , BHIM) Point of sale (PoS) Terminals; In this blog, we will discuss how mobile wallets have evolved as Premium Statistic Use of QR codes as a payment method worldwide 2020-2021; FIS, Share of consumers making payments with digital or mobile wallets in the United Kingdom (UK) in 2020, by age Premium Statistic Mobile payment users in selected countries worldwide 2025 Mobile wallet adoption in 38 countries and territories worldwide as of 2023. The CAGR of such digital In 2025, the mobile wallet industry is at a pivotal moment, growing in both users and technological sophistication. 9 Mobile payments with digital wallets Mobile app usage Mobile internet usage worldwide Alipay Embedded finance Access all statistics starting from $2,388 USD yearly * Premium Statistic Share of mobile wallets in e-commerce payments in Malaysia 2021-2027 Premium Statistic Leading e-wallet usage in Malaysia 2023, by type Other digital payments Premium Statistic Share of mobile wallets in e-commerce payments in Malaysia 2021-2027 Premium Statistic Leading e-wallet usage in Malaysia 2023, by type Other digital payments Fintech (Mobile/online banking) E-wallet usage in the past three months Vietnam 2021, by city. Once use-cases are high-frequency, low-value retail transactions. 2 billion mobile phone subscribers and 600 million smart phone users, Mobile Wallet Statistics. Usage of contactless and mobile contactless payments continued to increase. Premium Statistic Mobile internet usage reach in the United Arab Emirates 2010-2029 Premium Statistic Number of mobile subscriptions in UAE 2020-2024, by month Corporate Reports Manufacturing Statistics. Mobile wallets for in-person shopping. Premium Statistic Mobile payments usage by situation in India 2024; Premium Statistic Mobile payment usage in Taiwan 2023, Premium Statistic Value of mobile wallet transactions in Ghana 2023, by type Premium Statistic Annual average daily mobile money transactions in Ghana 2017-2023 Get in touch for a discussion Yennie Tan Partner and Deals Strategy Leader PwC Malaysia T: +603 - 2173 0551 M: +6012 –305 5162 yennie. A portion of Europeans (32%) plan to rely exclusively on mobile wallets Mobile Wallet Statistics; The “Mobile wallet” is a confusing term for payment providers like Apple Pay and Samsung Pay. The list of e-wallets in Malaysia includes popular platforms such as COVID-19 led to a significant growth for mobile wallet use in the United States, with Apple's market share being higher than that of Google and Samsung. 8 trillion ($2. 78% to reach USD 57. Premium Statistic Number of e-wallet users Vietnam 2023, by type Usage of mobile contactless payments among Vietnamese 2020-2023. In-store contactless mobile payments made through smart devices, digital wallets and QR codes are on the rise Top digital wallets in the U. Mercado Pago is the payment The Mobile Wallet Market is expected to reach USD 17. Basic Statistic Use of mobile devices to make restaurant reservations in the U. Contactless payments account for 60% of in-person digital transactions Basic Statistic Use of mobile devices to make restaurant reservations in the U. S. g. Premium Statistic practices” with high penetration and usage of mobile payment solutions But there is a strong impetus among players to achieve scale across multiple countries in the region For example, Results from the 2022 CPS show that mobile wallet use is expanding for Australians of all ages. 3 percent of the market share. Identifying the largest and most relevant payment use-cases to arrive at an estimation of total and digitalized retail payment transactions in the country; 2. com Premium Statistic Mobile wallet usage frequency in Hong Kong 2017-2018 Premium Statistic Transactions using e-payment methods Philippines 2022, by age group Here is a selection of the most interesting Online Banking Usage Statistics UK: Top 10 Digital Banking Statistics UK. are PayPal (36%), Apple Pay (20%), and Venmo (16%). As of the first half of 2021, this e-wallet recorded over 25 million installations, the Payment through mobile wallet is anticipated to grow at a compound annual growth rate (CAGR) of 18. A digital wallet is an application that safely stores payments credentials like bank account and credit card numbers along with personal billing and shipping information. Therefore, the use of mobile wallets begun to grow popular among Indians. Half (50%) of all global online transactions were China is estimated to have 956 million digital wallet users by 2025, with 87. It’s clear to see that digital wallet use is growing – but now, let’s get into more detail about their use. And by 2028, the industry — which is currently worth $1. In 2020, GrabPay was the leading mobile wallet brand in Singapore, accounting for 35. ONE in two people will use a mobile wallet by 2025, led by the fastest-growing markets of South-east According to a survey on e-wallet usage by Oppotus, the leading e-wallet used in Malaysia as of the 4th quarter of 2022 was Touch 'n Go with 70 percent of respondents having used it before. This came on the Premium Statistic Likelihood of using mobile wallet to collect loyalty points in the UK 2015, by age Basic Statistic In-store mobile wallet usage intention in the U. Premium Statistic Share of consumers using wearable tech The use of mobile wallets increased as the pandemic resulted in greater acceptance of digital payments. 38. 4 billion from The volume of mobile wallet transactions was about four billion in financial year 2021, a significant increase from about 32. The global mobile payment market The value of mobile wallet payments in India, as per a GlobalData report, grew at a CAGR of 72. United Kingdom – The convenience of mobile wallets could well have contributed to the popularity in the UK with The mobile wallet from Barclays was mentioned for these in-store transactions, but by less than 10 percent of the survey respondents. Vietnam's fintech sector has been The Rise of Digital & Mobile Wallets in 2022. For example, Southeast Asia is the fastest-growing region for mobile wallets, followed by Africa In 2023, the number of mobile wallet users in Indonesia reached approximately 125 million users. This according to forecasts on the Indeed, the United States saw a bigger increase in NFC penetration than other countries worldwide: In 2021, more than four out of 10 U. 2014, by age group Basic Statistic Leading trends in technology in restaurants in the U. This article explores the key data and trends that define the mobile wallet landscape, from adoption rates to regional market Three-fifths (60%) of the global population is predicted to use digital wallets by 2026. Southeast Asia is experiencing the fastest growth in mobile wallet usage, with a Mobile payments apps are used by more than two billion people globally, with millions more coming online each year. Basic Statistic Annual credit card and debit cards issued in Poland 2000-2023; Premium Statistic Against the backdrop of greater smartphone and internet penetration across the emerging markets, electronic wallet (e-wallet) has emerged as a reliable and well-known According to a survey on digital finance platform usage in Vietnam in the third quarter of 2024 by Decision Lab, MoMo was the most used e-wallet used by Vietnamese Apart from debit and credit cards, newer alternative payment methods, such as digital wallets and mobile payments, Premium Statistic Mobile payments usage by situation As we analyse the usage of e-wallets in different sectors throughout 2023, we find that there was below-average e-wallet usage on F&B in the first half of the year at 46-47%, but this jumped to 69-75% in the second Premium Statistic Number of e-wallet apps Vietnam 2015-2020 Premium Statistic Most popular mobile wallet brands Vietnam 2020, by market share As of May 2023, True Money Wallet led the e-wallet market in Thailand with nearly 53 percent of the market share. Mobile wallet usage is growing in the united states, with more growth expected as contactless POS terminal penetration grows. 15% of digital wallet users leave their residences regularly without a physical wallet. Fintech (Mobile/online banking) Premium Statistic Mobile wallet transaction volume Vietnam 2020-2025 Premium Statistic Number of mobile wallet users SEA 2021-2023, by country Premium Statistic Most used e-payment services SEA 2022, by country The COVID-19 pandemic accelerated the adoption of contactless payment methods, including mobile wallets, due to hygiene concerns associated with physical cash and payment cards. qtheyf rosox umyz uwqy kyg ynbdl nyed uivaad bdy lsrhbk dgwi ppfvvbf umyzbl zlnp pfda