Payment behavior is shifting quickly as 40% of global consumers report using at least one mobile wallet payment method in 2023. Digital payments keep expanding at an 8.0% expected CAGR from 2024 to 2030, while fraud and reliability issues raise security costs for merchants and fraud teams.
Key Takeaways
- 40% of global consumers reported using at least one payment method via a mobile wallet in 2023
- 8.0% CAGR expected for the global digital payments market from 2024 to 2030
- $238.0 billion projected global market value for card payments (credit, debit, prepaid) in 2024
- 3.5% share of global GDP for payments services spending in 2023 (payments-related services expenditure)
- 1.8 billion transactions processed via RTGS in 2023 in the United Kingdom
- 3.7x increase in real-time payment volumes in Brazil from 2019 to 2023
- 2.6x increase in real-time payment volumes in India from FY2019 to FY2023
- 26% of payments leaders report losing revenue due to failed payments in the last 12 months
- 5.1% of global commerce revenue lost to fraud in 2023 (share of e-commerce revenue lost to fraud)
- 26% of merchants report disputes/chargebacks as a top operational challenge in 2023-24
- 0.7% increase in false positives in fraud detection systems in 2023 leading to higher decline rates
- 31% of fraud losses in e-commerce are attributed to account takeovers in 2024
- 0.12% of transaction value lost to payment fraud in 2023 globally (global fraud losses as % of card transaction value, baseline for industry reporting)
- 25% of global merchants planned to migrate payment stacks to unified platforms in 2024
- 48% of financial institutions upgraded AML transaction monitoring during 2023
Mobile wallets and real time payments are accelerating growth, but fraud and failed payments costs remain a major drag.
Related reading
01 · Category
User Adoption1 stats
01
40% of global consumers reported using at least one payment method via a mobile wallet in 2023
Interpretation
User Adoption Interpretation
In 2023, 40% of global consumers reported using at least one payment method via a mobile wallet, signaling strong user adoption for mobile wallet payment options worldwide.
02 · Category
Market Size9 stats
01
8.0% CAGR expected for the global digital payments market from 2024 to 2030
02
$238.0 billion projected global market value for card payments (credit, debit, prepaid) in 2024
03
3.5% share of global GDP for payments services spending in 2023 (payments-related services expenditure)
04
$7.7 billion global market size for anti-fraud software in 2024
05
10.2% CAGR forecast for fraud detection systems market 2024-2033
06
6.2% share of non-cash payments by mobile/online payments in 2023
07
11.3% CAGR expected for global payment gateway market from 2024 to 2030
08
0.3% of adults worldwide reported not having an account at a financial institution or through a mobile money provider in 2021.
09
2.0x increase in global value of real-time payments between 2017 and 2022 (as published in the World Payments Report).
Interpretation
Market Size Interpretation
The market size outlook for global payments is strong and expanding, with the digital payments market expected to grow at an 8.0% CAGR from 2024 to 2030 and a large $238.0 billion card payments market already projected for 2024, underscoring why continued investment and growth remain central to the sector.
03 · Category
Performance Metrics5 stats
01
1.8 billion transactions processed via RTGS in 2023 in the United Kingdom
02
3.7x increase in real-time payment volumes in Brazil from 2019 to 2023
03
2.6x increase in real-time payment volumes in India from FY2019 to FY2023
04
99.99% uptime target is reported by leading real-time payments operators (operational availability target for payment services).
05
95% of payment fraud prevention teams reported using machine learning or advanced analytics in 2024 (share adopting ML/advanced analytics).
Interpretation
Performance Metrics Interpretation
Performance metrics show rapid real-time payment momentum, with Brazil’s real-time volumes rising 3.7x from 2019 to 2023 and India’s 2.6x from FY2019 to FY2023, while leading operators also target 99.99% uptime and most fraud prevention teams use machine learning or advanced analytics.
More related reading
04 · Category
Cost Analysis7 stats
01
26% of payments leaders report losing revenue due to failed payments in the last 12 months
02
5.1% of global commerce revenue lost to fraud in 2023 (share of e-commerce revenue lost to fraud)
03
26% of merchants report disputes/chargebacks as a top operational challenge in 2023-24
04
62% of merchants report that payment security requirements drive technology spend (survey share)
05
$18.8 million average annual cost of payment-related cyber incidents for large organizations (average annualized loss in a security incident study).
06
1.3% increase in operational costs in 2023 for merchants due to fraud prevention spend in the U.S. (year-over-year cost change reported in survey analysis).
07
27% of merchants report additional costs from chargebacks as a material expense category in 2023–2024 (survey share of cost impact).
Interpretation
Cost Analysis Interpretation
From a cost analysis perspective, the payments industry is seeing rising financial pressure as losses and prevention spend add up, with 26% of payments leaders reporting revenue lost to failed payments and merchants’ fraud-related operational costs increasing by 1.3% in 2023 while payment security requirements drive 62% of merchants’ technology spend.
05 · Category
Fraud & Risk3 stats
01
0.7% increase in false positives in fraud detection systems in 2023 leading to higher decline rates
02
31% of fraud losses in e-commerce are attributed to account takeovers in 2024
03
0.12% of transaction value lost to payment fraud in 2023 globally (global fraud losses as % of card transaction value, baseline for industry reporting)
Interpretation
Fraud & Risk Interpretation
In the Fraud & Risk landscape, payment fraud remains tightly linked to operational detection strain and account takeover threats, with false positives rising by 0.7% in 2023 and 31% of 2024 e-commerce fraud losses driven by account takeovers, while global transaction value losses still total a relatively small 0.12% in 2023.
06 · Category
Industry Trends3 stats
01
25% of global merchants planned to migrate payment stacks to unified platforms in 2024
02
48% of financial institutions upgraded AML transaction monitoring during 2023
03
9.6% of payment transactions were processed using biometric authentication in 2023 in markets surveyed (share of transactions using biometrics).
Interpretation
Industry Trends Interpretation
Under the Industry Trends angle, the sharp push toward modernization is clear as 25% of global merchants planned to move to unified payment platforms in 2024 alongside continued compliance and security upgrades, with 48% of financial institutions enhancing AML monitoring in 2023 and 9.6% of surveyed payment transactions using biometric authentication that same year.
report visual · Key figures
Real-time payments are expanding fast—driving demand for uptime and fraud prevention
Operators and markets are scaling real-time payments, with a strong focus on availability and smarter fraud controls.
2.0
2.0x increase in global value of real-time payments between 2017 and 2022 (as published in the World Payments Report).
3.7
3.7x increase in real-time payment volumes in Brazil from 2019 to 2023
99.99%
99.99% uptime target is reported by leading real-time payments operators (operational availability target for payment se
95%
95% of payment fraud prevention teams reported using machine learning or advanced analytics in 2024 (share adopting ML/a
0.12%
0.12% of transaction value lost to payment fraud in 2023 globally (global fraud losses as % of card transaction value, b
source-verifiedcapgemini.com · bcb.gov.br · tsys.com · acfe.com · emvco.com2024
Reference
Cite This Report
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APA
Daniel Varga. (2026, February 13). Global Payments Industry Statistics. Gitnux. https://gitnux.org/global-payments-industry-statistics
MLA
Daniel Varga. "Global Payments Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/global-payments-industry-statistics.
Chicago
Daniel Varga. 2026. "Global Payments Industry Statistics." Gitnux. https://gitnux.org/global-payments-industry-statistics.
Sources & references
28 datasets cited across this report · attribution is report-level
+3 additional datasets cited (not shown individually)