Digital Payments Currently?

Digital payments refer to digital transactions that occur through online digital commerce or mobile payments at offline stores. The global digital payment service market was estimated to be worth $4.9 trillion in 2020 and is expected to grow to $8.1 trillion by 2024.
According to the global research firm Statista, the global digital payment service market was estimated to be worth $4.9 trillion in 2020, a growth of 23.7% from the previous year. Of this, online transactions accounted for 59.3% ($2.9 trillion) of the total market. China had the largest market size at $2.3 trillion, followed by the United States ($910.3 billion), the United Kingdom ($185.3 billion), Japan ($173 billion), and South Korea ($120.6 billion).

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