In the next five years, digital wallet usage is projected to double—with transaction volume growing from 752 billion transactions in 2023 to 1.4 trillion in 20281. This growth will be seen across use cases from P2P payments to remittances, from merchant payments and worker payouts.
So what exactly are digital wallets and why should you pay attention to them? Our latest report dives into how digital wallets are changing the modern financial landscape and why connecting digital wallets to the global economy is a vital step for economic empowerment of billions of people around the world.
The origins of digital wallets and ways in which they have evolved around the world
Growth trends and future opportunities for digital wallets
Financial institutions developing next gen solutions with wallet technology
Visa’s focus on integrating wallet capabilities into the Visa Direct platform
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1. Juniper Research, July 2023. DIGITAL WALLETS Platform Analysis, Key Trends & Market Forecasts 2023-2028, Data & Forecasting.