Global Digital Payments Market to Reach USD 154.36 Billion by 2025 Amid FinTech and Contactless Boom

MUMBAI, India - July 29, 2025 - PRLog -- Digital Payments See Unprecedented Global Surge
Makreo Research projects the Global Digital Payments Market to reach USD 154.36 billion by 2025, driven by FinTech expansion, rising contactless adoption, and booming e-commerce. The sector's total transaction value is set to surpass USD 8.5 trillion, with real-time payments and mobile wallets reshaping global transaction habits.

E-Commerce Accelerates Market Adoption
E-commerce is a major catalyst, with global online sales reaching USD 6.8 trillion in 2024, expected to grow at 8% CAGR through 2030. Digital payments are forecast to account for 79% of e-commerce value, with mobile processing dominating over 50% of in-store retail value by 2030.

Sustained Market Growth Through 2030
Between 2019 and 2024, the market recorded a 15.27% CAGR. From 2025 to 2030, the growth is expected to continue at 16.14% CAGR, highlighting digital payments' resilience amidst regulatory shifts and cybersecurity challenges.

Mobile Money Boosts Financial Inclusion
Mobile money has emerged as a critical tool for financial inclusion, especially in emerging economies. In 2023 alone, mobile money contributed USD 720 billion to global GDP, a 12% rise from 2022. Sub-Saharan Africa led with contributions growing from USD 150 billion to USD 190 billion.

Brazil's Pix and Rise of Instant Payments
Brazil's Pix system, launched by the Central Bank in 2020, now covers 75% of the population and has reduced cash usage at POS by 50%. Pix is on track to surpass card-based POS transactions by 2025. Globally, real-time payment platforms like Wero in Europe and FedNow in the U.S. are enhancing transaction speed and accessibility.

Technology and Strategic M&A Drive Market Innovation
Technological advances such as Visa's AI fraud detection, Stripe's global expansion, and RippleNet's blockchain-based transfers are redefining payment experiences. Strategic acquisitions—like Visa's USD 1 billion purchase of Pismo and Rapyd's acquisition of PayU's Global Payments arm—are strengthening digital infrastructure.

Explore the Full Report
Makreo Research's report, "Global Digital Payment Market Size, Share, Trends and Forecast (2019–2030)," provides an in-depth look at the evolving payments ecosystem.

Request a sample report here:
https://www.makreo.com/report/global-digital-payment-market-size-share-trends-and-forecast-2019-2030