The only payment method whose share of global point-of-sale transaction value will increase from 2023 to 2027 is digital wallets, which will account for 46% of total value by the end of that period, according to a report published by Worldpay in March 2024.

“Over half (56.9%) of the US population will use digital wallets this year, totaling 161.6 million users,” per a forecast by EMarketer.

Apple Wallet is the most popular digital wallet, accounting for almost half (49.0%) of all mobile wallet users in the United States. It is followed by Google Wallet (30.1%) and Samsung Wallet (12.9%).

According to a November 2023 survey conducted by PYMNTS and AWS, consumers who use digital wallets spend 31% more than those who do not.


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