Sustainability In The Payments Industry Statistics 2026

By 2027, global payments and cards are projected to reach $14.3 trillion, while contactless is set to push past 70% of in store card payments. That growth makes the sustainability question painfully practical, with 59% of companies saying sustainability now shapes technology purchasing decisions and 36% of consumers reporting they have increased online service use. Let’s connect the policy pressure, the energy and emissions of the infrastructure behind payments, and the efficiency gains that are changing the footprint per transaction.

Key Takeaways

59% of companies cite sustainability as a factor influencing their technology purchases (cloud/IT included), relevant to payment infrastructure energy and emissions
36% of consumers report they have increased their use of online services, which can reduce physical logistics and related emissions for payments-enabled commerce
Global payments and cards market size is projected to reach $14.3 trillion by 2027, providing scale context for transaction-volume-linked sustainability impacts
On average, data center energy efficiency improved by 15% from 2010 to 2018, which can reduce emissions per unit of compute used for payment systems
The IPCC AR6 estimates that direct global carbon dioxide emissions from fossil fuels and industry fell by about 1–2% from 2022 to 2023, highlighting the need for continued reductions across sectors like finance and payments
Global ESG assets reached $35.3 trillion in 2020 (US SIF methodology), demonstrating scale of sustainability-reporting pressures on financial firms
The EU Sustainable Finance Disclosure Regulation (SFDR) requires disclosure of principal adverse impacts (PAI) on sustainability factors for covered financial market participants from 2023 onward for many entities
The EU NFRD was repealed and replaced by CSRD under Directive (EU) 2022/2464, expanding the population of companies required to report sustainability information
The share of global contactless transactions is projected to surpass 70% of in-store card payments in 2027, enabling reduced time/energy per transaction compared with cash where implemented
The global digital payments market is projected to reach $14.2 trillion by 2026, reflecting growth in online payments that shift impacts from logistics toward data center/cloud usage
The global mobile payment user base is projected to reach 1.67 billion by 2027, increasing adoption of app-based payment rails and reducing the need for physical infrastructure
Corporate renewable electricity procurement reached 2,000 TWh globally in 2022 (IEA estimate), relevant to reducing emissions from data centers used for payments
A typical lifecycle analysis indicates that switching to energy-efficient servers can reduce total carbon footprint by up to 20% versus less efficient configurations (study of data center hardware), relevant for payment IT refresh
IBM’s report states that sustainable IT can reduce energy consumption and emissions; IBM’s 'Greenhouse Gas Emissions' progress includes tracked reductions of operational emissions (Scope 1 and 2) where applicable

Sustainability is shaping payments as cloud energy gains, greener data centers, and growing digital use cut per transaction emissions.

01 · Category

Consumer Demand2 stats

59% of companies cite sustainability as a factor influencing their technology purchases (cloud/IT included), relevant to payment infrastructure energy and emissionshttps://www.gartner.com/en/newsroom/press-releases/2023-10-03-gartner-survey-sustainability-drives-technology-investments

36% of consumers report they have increased their use of online services, which can reduce physical logistics and related emissions for payments-enabled commercehttps://www.statista.com/statistics/1116502/share-of-consumers-who-have-increased-use-of-online-services-by-country/

Interpretation

Consumer Demand Interpretation

From a consumer demand perspective, 36% of consumers say they increased their use of online services, and alongside the fact that 59% of companies consider sustainability when buying technology, this suggests consumer-led digital shift is reinforcing sustainability-driven payment infrastructure decisions.

02 · Category

Emissions & Footprint6 stats

Global payments and cards market size is projected to reach $14.3 trillion by 2027, providing scale context for transaction-volume-linked sustainability impactshttps://www.statista.com/statistics/1171546/global-payments-and-cards-market-size-forecast/

On average, data center energy efficiency improved by 15% from 2010 to 2018, which can reduce emissions per unit of compute used for payment systemshttps://www.iea.org/reports/data-centres-and-data-transmission-networks

The IPCC AR6 estimates that direct global carbon dioxide emissions from fossil fuels and industry fell by about 1–2% from 2022 to 2023, highlighting the need for continued reductions across sectors like finance and paymentshttps://www.ipcc.ch/report/ar6/syr/

Under the EU taxonomy, financial institutions need to assess and disclose sustainability-related exposures, which includes climate mitigation contributions affecting financed emissionshttps://finance.ec.europa.eu/sustainable-finance/tools-and-standards/eu-taxonomy-sustainable-activities_en

In the US, total U.S. greenhouse gas emissions were 6,002.8 million metric tons of CO2e in 2022, setting the macro baseline for payment-sector decarbonization goalshttps://www.epa.gov/ghgemissions/inventory-us-greenhouse-gas-emissions-and-sinks

The Paris Agreement aims to hold the increase in the global average temperature to well below 2°C and pursue efforts to limit it to 1.5°C, framing decarbonization expectations for payment ecosystemshttps://unfccc.int/process-and-meetings/the-paris-agreement/the-paris-agreement

Interpretation

Emissions & Footprint Interpretation

From 2010 to 2018, data center energy efficiency improved by 15%, showing real progress on the emissions and footprint side that can help payment infrastructures scale toward lower per-transaction carbon even as the global push for decarbonization continues alongside macro baselines like US emissions of 6,002.8 million metric tons of CO2e in 2022.

03 · Category

Regulation & Reporting6 stats

Global ESG assets reached $35.3 trillion in 2020 (US SIF methodology), demonstrating scale of sustainability-reporting pressures on financial firmshttps://www.ussif.org/files/2020%20US%20SIF%20Trends%20Report.pdf

The EU Sustainable Finance Disclosure Regulation (SFDR) requires disclosure of principal adverse impacts (PAI) on sustainability factors for covered financial market participants from 2023 onward for many entitieshttps://eur-lex.europa.eu/eli/reg/2019/2088/oj

The EU NFRD was repealed and replaced by CSRD under Directive (EU) 2022/2464, expanding the population of companies required to report sustainability informationhttps://eur-lex.europa.eu/eli/dir/2022/2464/oj

The EU Taxonomy Regulation establishes requirements for disclosures related to environmentally sustainable economic activities under Regulation (EU) 2020/852https://eur-lex.europa.eu/eli/reg/2020/852/oj

The SEC requires registrants to disclose material climate-related risks under Regulation S-K, as reflected in the final rules adopted in March 2024 (final climate disclosure requirements)https://www.sec.gov/news/press-release/2024-46

Under GRI Standards, organizations can report on material topics using a consistent framework, and GRI publishes updated Standards to support sustainability reportinghttps://www.globalreporting.org/standards/

Interpretation

Regulation & Reporting Interpretation

Across Regulation & Reporting, sustainability expectations are expanding and accelerating as global ESG assets hit $35.3 trillion in 2020 and the EU’s CSRD and SFDR from 2023 onward broaden mandatory disclosures while the SEC’s final climate rule adopted in March 2024 adds further climate risk reporting requirements.

Digital Transformation In IndustryDigital Transformation In The Payments Industry Statistics

04 · Category

Industry Trends7 stats

The share of global contactless transactions is projected to surpass 70% of in-store card payments in 2027, enabling reduced time/energy per transaction compared with cash where implementedhttps://www.statista.com/statistics/1330715/share-of-card-transactions-contactless-forecast-worldwide/

The global digital payments market is projected to reach $14.2 trillion by 2026, reflecting growth in online payments that shift impacts from logistics toward data center/cloud usagehttps://www.fortunebusinessinsights.com/digital-payments-market-103113

The global mobile payment user base is projected to reach 1.67 billion by 2027, increasing adoption of app-based payment rails and reducing the need for physical infrastructurehttps://www.statista.com/statistics/541269/worldwide-mobile-payments-users-forecast/

Most banks and payment providers plan to prioritize API-based integration in their payments modernization strategies, which can reduce duplicated IT and operational emissionshttps://www.finextra.com/report/mtax/2024/payments-modernisation-2024

By 2025, 80% of enterprises are expected to use containers in production (Gartner forecast), influencing data center utilization efficiency for payment serviceshttps://www.gartner.com/en/newsroom/press-releases/2021-04-05-gartner-says-by-2022-80-of-enterprises-will-run-new-workloads-using-containers

Smart POS penetration reached 61% globally in 2023, enabling feature updates and potentially reducing hardware churn through longer device lifecycleshttps://www.idc.com/getdoc.jsp?containerId=prUS51190123

The global digital wallet market is expected to reach $7.6 trillion by 2028 (market forecast), representing sustainability leverage via paperless payment experienceshttps://www.grandviewresearch.com/industry-analysis/digital-wallet-market

Interpretation

Industry Trends Interpretation

Industry Trends point to a clear sustainability shift as contactless is projected to exceed 70% of in-store card payments by 2027, alongside rapid digital wallet and mobile adoption that reduces reliance on physical infrastructure and streamlines transaction effort.

05 · Category

Operational Metrics3 stats

Corporate renewable electricity procurement reached 2,000 TWh globally in 2022 (IEA estimate), relevant to reducing emissions from data centers used for paymentshttps://www.iea.org/reports/renewables-2023

A typical lifecycle analysis indicates that switching to energy-efficient servers can reduce total carbon footprint by up to 20% versus less efficient configurations (study of data center hardware), relevant for payment IT refreshhttps://www.sciencedirect.com/science/article/pii/S0959652619310292

IBM’s report states that sustainable IT can reduce energy consumption and emissions; IBM’s 'Greenhouse Gas Emissions' progress includes tracked reductions of operational emissions (Scope 1 and 2) where applicablehttps://www.ibm.com/sustainability/goals/operations

Interpretation

Operational Metrics Interpretation

Operational metrics are showing real momentum as corporate renewable electricity hit 2,000 TWh globally in 2022 and energy efficient servers can cut data center carbon footprints by up to 20%, while IBM reports tracked reductions in operational Scope 1 and 2 emissions, all reinforcing that day to day power use in payments infrastructure is a key lever for lowering emissions.

Reference

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APA

Min-ji Park. (2026, February 13). Sustainability In The Payments Industry Statistics. Gitnux. https://gitnux.org/sustainability-in-the-payments-industry-statistics

MLA

Min-ji Park. "Sustainability In The Payments Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/sustainability-in-the-payments-industry-statistics.

Chicago

Min-ji Park. 2026. "Sustainability In The Payments Industry Statistics." Gitnux. https://gitnux.org/sustainability-in-the-payments-industry-statistics.