European Investor
31 Mar 2026, 19:00
Global Payments reported that while card payments עדיין dominate in the U.S., younger consumers are accelerating a shift toward digital wallets, according to its latest Global Payments Report.
Cards accounted for 49% of online and 71% of in-store spending in the U.S. in 2025, but their share is expected to decline by 2030 as more consumers use cards through mobile wallets. Digital wallets already represent 40% of online and 17% of in-store spending in the U.S., with usage projected to grow steadily and reach $4.1 trillion by 2030.
The report highlights that Generation Z is driving this transition, with digital wallets now the most used online payment method for a significant share of younger consumers. Globally, mobile payments are already dominant, particularly in Asia-Pacific, signaling a broader long-term shift away from physical cards.
The findings underscore a changing payments landscape, where businesses must adapt to increasing demand for flexible, mobile-first payment solutions.
Business Wire
Cards accounted for 49% of online and 71% of in-store spending in the U.S. in 2025, but their share is expected to decline by 2030 as more consumers use cards through mobile wallets. Digital wallets already represent 40% of online and 17% of in-store spending in the U.S., with usage projected to grow steadily and reach $4.1 trillion by 2030.
The report highlights that Generation Z is driving this transition, with digital wallets now the most used online payment method for a significant share of younger consumers. Globally, mobile payments are already dominant, particularly in Asia-Pacific, signaling a broader long-term shift away from physical cards.
The findings underscore a changing payments landscape, where businesses must adapt to increasing demand for flexible, mobile-first payment solutions.
Business Wire
