53% of online shopping to be done with digital wallets by 2025

October 20, 2022 9:55

Mobile/digital wallets have become a mainstay of online payments within a short period of time, and according to the numbers presented by SafeBettingSites.com, mobile/digital wallets will account for 53% of the entire e-commerce transactional volume by 2025.

In a short period, they have become the preferred mode of payment on e-commerce platforms. The other traditional means of payment, such as credit or debit cards, have lost significant ground in the battle of digital payments.

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Emma Shepherd

Emma Shepherd was the acting deputy editor at Mumbrella who has over seven years of print and digital experience in the industry and has previously worked as a reporter for media outlets Bauer Media (now Are Media), Yahoo Australia, and a content strategist and writer for various independent marketing agencies.

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