Chart of the Day: Digital wallet watch

Digital wallets will approach half of POS transaction value share by 2027 [Insider Intelligence]( [Chart of the Day]( of the Day]( Charts. News. Analysis MAY 6, 2024 [Digital wallets will approach half of POS transaction value share by 2027]( [Digital wallets will approach half of POS transaction value share by 2027]( Key stat: Digital wallets will be the only payment type to increase its share of worldwide point-of-sale transaction value between 2023 and 2027, making up 46% of total value by the end of that time period, according to a March 2024 report from Worldpay. Beyond the chart: - Over half (56.9%) of the US population will use digital wallets this year, totaling 161.6 million users, per our forecast. - Apple Wallet is the most popular digital wallet, used by nearly half (49.0%) of all mobile wallet users in the US, followed by Google Wallet (30.1%) and Samsung Wallet (12.9%). - Consumers who use digital wallets spend 31% more than non-users, per a November 2023 survey from PYMNTS and AWS. Use this chart: - Assess point-of-sale capabilities. - Illustrate consumer trends in payment methods. [Read online]( More like this: - [Consumers spend more with digital wallets]( - [Online retailers need to respond to Gen Z’s love of Apple Pay]( - [Mobile wallets are used most at in-person events]( - [Smart carts, mobile checkout, and biometric data could solve retail’s in-store point-of-sale challenges]( More Chart of the Day: - 5/3 - [Trends in booze buying]( - 5/2 - [Payments get personal]( - 5/1 - [The kids are online]( - 4/30 - [Dynamic pricing doubts]( - 4/29 - [Retail tech gets a promotion]( EMARKETER has over 3,000 charts visualizing trends across digital advertising, ecommerce growth, Gen Z behavior, and more, that our clients utilize to add credibility to their strategy presentations and demand generation messaging. See more [charts](. Was this email forwarded to you? Sign up [here](. Email sent to: {EMAIL} If you cannot view the HTML newsletter, [please read it in your browser here](. [Become a Premium Subscriber]( | [Advertise with us]( [Manage your email preferences]( | [Unsubscribe]( | [Terms of Use]( | [Privacy Policy]( ©2024 EMARKETER, One Liberty Plaza 9th Floor, New York, NY 10006 [LiveIntent Logo]( [AdChoices Logo](