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Global Online Payment Statistics 2019

The global trend has shifted towards a non-cash world where online payment has become one of the most popular and widespread. In this article, we will explain the most important online payment statistics in the countries of the world such as the United States, East Asia, Europe, and the United Kingdom. Let’s go straight to statistics.

Global Online Payment Statistics 2019

online payment companies

The above table show you the arrange of online payment companies with the number of active users.

WeChat Pay Is The World’s Biggest Mobile Payment Platform with 1 billion active users depending on Tencent (2019).

After that Alipay Mobile Payment Platform with 1 billion active users depending on Alipay (2019).

PayPal Mobile Payment Platform with 250 million active users depending on Paypal (2018).

Apple Pay Mobile Payment Platform with 383 million active users depending on Loup ventures, QZ (2019).

Amazon Pay Mobile Payment Platform with 50 million active users depending on Evercore ISI, Invetolopedia(2018).

Samsung Pay Mobile Payment Platform with 1 billion active users depending on Statista (2017).

Google Pay Mobile Payment Platform with 24 million active users depending on Statista (2017).

Global Point of Sale

Then after that, we will provide the forecast of increasing the use of online payment globally between 2018 to 2022 According to Worldpay’s 2018 Global Payment Report.

POS

As the above chart discuss, Mobile Payments and E-wallet expected to increase from 2018 to 2022, from 15% to 28%.

Usage of credit card expected to increase from 2018 to 2022, from 20% to 22%.

Usage of Debit card expected to increase from 2018 to 2022, from 29% to 30%.

Usage of Cash expected to decrease from 2018 to 2022, from 32% to 17%. It is Dramatically reduced!

Payment Channels Merchant Plan

According to Mobile Payments and Fraud Survey, we will show you the statistics of payment channels merchant plan in 2018.

payment channels

At the above figure, the Desktop Web Browser payment channel currently supports more than 80% but increase support of more than 40%. (you should know that increase support is the plan which expected to add)

Mobile App For Online Shopping payment channel currently supports 60% but increase support of more than 40%.

Dedicated Mobile Website payment channel currently supports bit less than 40% but increase support of  50%.

Brick & Morter POS System payment channel currently supports a bit less than 40% but increase support of 20%.

Mobile Payment at the POS payment channel currently supports a bit less than 40% but increase support Up to 35%.

Special Mobile Payment Options payment channel currently supports 30% but increase support of 20%.

Mobile Payment for In-Store Shopping payment channel currently supports 25% but increase support of 20%.

Direct Purchases Through Social Media payment channel currently supports 24% but increase support of 26%.

Global Mobile Payments

According to Allied Market Research, global mobile payment transactions will be worth more than £3.5 trillion by 2023, following growth of 33.8% CAGR between 2017-2023.

89% Of US Consumers Still Shun Mobile Payments (2018).

Lack Of Confidence (70%) & Security Concerns (40%) Are The Biggest Barriers To Mobile Payment Adoption (2018).

US Mobile Payments Market Is 35 Times Smaller Than World Leader China (2017).

US In-Store Mobile Payments Are Forecast To Reach $128 billion in 2021 (2018).

Mobile Payments In The US

US Point of Sale Payment Methods Forecast 2018 – 2022 at the following figure:

US payment

Mobile Payments and E-wallet expected to increase from 2018 to 2022, from 3% to 6%.

Usage of credit card expected to increase from 2018 to 2022, from 41% to 44%.

Usage of Debit card expected to decrease from 2018 to 2022, from 34% to 31%.

Usage of Cash expected to decrease from 2018 to 2022, from 16% to 11%. It is Dramatically reduced!

East Asia Mobile Payment

Asia Pacific Point of Sale Payment Methods Forecast 2018 – 2022 at the following figure:

East Asia Mobile Payment

Mobile Payments and E-wallet expected to increase from 2018 to 2022, from 27% to 42%.

Usage of credit card expected to increase from 2018 to 2022, from 41% to 44%.

Usage of Debit card expected to decrease from 2018 to 2022, is stable at 25%.

Usage of Cash expected to decrease from 2018 to 2022, from 30% to 14%. It is Dramatically reduced!

European Mobile Payment 

92% Of European Millennials Expect To Be Using Mobile Payments Within The Next Three Years (2017).

Proximity Mobile Payments Are Highest In Denmark & Sweden (2018).

Sweden, The UK & France Are Europe’s Most Cashless Countries (2017).

77% Of Europeans Use Mobile Banking And/Or Payments (2017).

68% Of Europeans Used A Digital Wallet In 2017 (2017).

Security & Privacy Are Still Concerns For European Consumers (2017).

UK Mobile Payment

24% Of People In The UK Use Mobile Payments (2018).

Mobile Payments In The UK Are Growing 328% Year-On-Year (2017).

65% for Gen Z (16-20 year-olds) think they will use mobile payments more than card by 2022.

Rapid-Service Food Businesses Are The Biggest Winners From UK Mobile Payments (2018).

London Is The UK Capital Of Mobile Payments (2018).

UK Consumers Are Going Contactless (2018).

Global Retail E-commerce Sales Until 2021

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