Projected global transaction value of mobile POS-payments by 2023:
$2.1 trillion
Projected global transaction value of digital payments by 2023:
$6.7 trillion
Projected global transaction value of eCommerce payments by 2023:
$6.5 trillion
Some 420 billion transactions worth $7 trillion are anticipated to switch from cash to cards and digital payments by 2023, rising to US$48 trillion by 2030, according to November research from Accenture. The coronavirus pandemic has speed up the shift to digital payments "at a pace banks could not have predicted," Sulabh Agarwal, who leads Accenture's payments practice globally, said in a company statement. |