Using an extensive dataset, the annual GPR reveals how digital payments have revolutionised the payment landscape over the past 10 years and provides forecasts up to 2030.
James Fry, head of enterprise product at Worldpay, says: ‘The GPR allows merchants to understand what payments they should be accepting in their sector to make sure they have the right options for their customers. It’s a one-stop shop to understand the payment trends that are changing in 40 key markets around the world’.
The increasing use of smartphones has transformed online shopping. Between 2014 and 2024, mobile's share of global ecommerce surged from 19% to 57%. By 2030, Worldpay anticipates that mobile will account for nearly two-thirds (64%) of ecommerce in the 40 markets covered by the report. Despite potential challengers, the ubiquitous smartphone is expected to remain central to payments for the foreseeable future.
Digital wallets, A2A (account-to-account payments), buy now, pay later options, and cryptocurrencies have reshaped the payments landscape, influencing merchants to adapt quickly to consumer preferences. In the GPR 2025, these are categorised as digital payment methods, contrasting with traditional cash and card payments.
Digital wallet transactions grew tenfold, from USD 1.6 trillion in 2024 to USD 15.7 trillion in 2024, while BNPL ecommerce value skyrocketed by 15,000% during the same period.
Other key insights in this year’s report include:
Fintechs drive innovation: financial technology giants like Alibaba, Apple, Klarna and Mercado Libre have rocked the payment paradigm with digital wallets and BNPL, prompting payment providers to innovate or be left behind.
Real-time payments: real-time A2A payments, such as BLIK in Poland, UPI in India and PIX in Brazil, have become essential infrastructure for consumer payments.
Card relevance: Despite threats from digital payment innovators and regulatory pressures, cards remain a staple in the payment industry.
Resistance to a cashless society: Although cash's share of global point-of-sale payment value has decreased by nearly two-thirds over the past decade, it appears to be stabilising with consumers.
These trends are examined in detail by category and market in the Global Payments Report.
The report analyses consumer payment behaviours both online and at point-of-sale, identifies key payment trends and projects future scenarios for the market and method shares of various payment methods. Data for the report was gathered through a survey of 66,749 consumers, supplemented by secondary research and extensive validation by payments experts from each region.
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Worldpay’s vision is to unleash the potential of every business. We do this through our ability to power global commerce by providing payments technology and expertise to our clients everywhere. Our processing solutions allow businesses of all sizes to take, make, and manage payments in-person and online worldwide. Annually, we process over 50 billion transactions worth more than USD 2.3 trillion across 146 countries and in 135 currencies.
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