Digital Payments Currently?

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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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