The value of digital wallets transactions will exceed $12 trillion in 2026, from $7.5 trillion in 2022, according to a new study from Juniper Research.
To capitalise on this growth, the research predicts leading digital payment vendors will diversify their payment products to include new solutions, such as buy-now-pay-later and cryptocurrencies.
Digital wallets are software-based systems that securely store users’ payment information for many payment methods in one location.
