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Stock impact report

Digital payments to exceed $33.5 trillion by 2030: report [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Dive Brief: Digital payments spending online and in-person has surged worldwide from $1.7 trillion in 2014 to $18.7 trillion in 2024, according to Worldpay's 10th Global Payments Report Spending via digital payment methods, including digital wallets, buy now, pay later services and account-to-account payments, are predicted to surpass $33.5 trillion by 2030, according to the report Tuesday. However, U.S. consumers use mobile wallets for only about four in ten (39%) of their online purchases and 16% of in-person transaction value, a smaller share than the 81% of e-commerce payments and 59% of point-of-sale transaction value in the Asia-Pacific region. About two-thirds (67%) of all U.S. consumer purchases online and at points-of-sale were trans Read more
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