Cashless payments distribution 2027| ��ƽ��

Value of cashless transactions - cards, including both credit cards and debit cards, and alternative payment methods - in offline and online B2C payments in 2022, with a forecast for 2027

Characteristic	Transaction value in trillion U.S. dollars (2022)	Transaction value in trillion U.S. dollars (2027)	CAGR 2022-2027
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Release date

September 2023

More information

Region

Worldwide

Survey time period

September 2023

Special properties

Alternative payments are cashless payments performed without a credit card or debit. The source does not clarify "Other"; The source did not include this figure in its latest release in October 2024.

Supplementary notes

The transaction figures have been calculated by ��ƽ��.

The source adds: "BCG’s Global Payments Model 2023 does not include closed-loop intrawallet transactions, cash withdrawals from ATMs, trade finance revenues, and mobile money transactions. All forecasting is done at a constant foreign exchange rate. Because of rounding, not all segment percentages add up to 100%. Excludes cash transactions, bill payments, investment payments, and real estate payments."

Citation formats

Alternative payment methods are expected to grow with a CAGR over ** percent between 2022 and 2027, a faster growth than payments performed with cards. Credit and debit cards are set to remain the biggest digital payment method within both point-of-sale (POS) and e-commerce, but growth is set to slow down, especially in an offline environment. Alternative payment methods — or APMs, as the source calls them — can be any form of noncash payment that does not involve a credit or debit card. This can include mobile wallets but also buy now, pay later, or payments performed with cryptocurrency or stablecoins. It is a broad category that can include many payment technologies.