Global Payments Trends in 2022
Payments is part of Banking and includes a number of sub-sectors such as ATM and Credit Card. You may also be interested in Private Banking, Retail Banking and Bank Lending.
The number of payment terminals worldwide is expected to reach 555 million units by 2026, up from 497 million in 2021, growing at a rate of 2% per year. Since 2016, global supply has increased by 3.6% annually. In 2021, the United States ranked first in global payment transactions with 171 million units. China, Brazil and the United Kingdom followed in second, third and fourth place, respectively. China saw an annual increase of 5.8%, while Germany was up 2.2% since 2016. Global payment transaction is set to reach $1.29 trillion by 2026, from $1.17 trillion in 2021, growing at a rate of 1.7% per year. Since 2017, global demand has increased by 3.3% annually. In 2021, China topped the payment transaction rankings with $597.82 billion. The United States, United Kingdom and Germany followed in second, third and fourth place, respectively. South Africa saw an annual jump of 18.1%, while the United Kingdom decreased by 4% since 2017.
Top 10 countries
In 2022 major markets in the Payments Industry were:
Payments Market Data and Forecasts
How much the Payments industry is expected to grow to 2026?
More in Payments Industry for 2027What are the world's biggest Payments markets?
More in Payments MarketGlobal Payments Statistics
- Number Of ATMs 209 countries (Africa, Sub-Saharan Africa, Asia...)
- Number Of Card 44 countries (Asia, Western Europe, North America...)
- E-Money Cards Number 44 countries (Asia, Western Europe, Europe...)
- Card Transaction 43 countries (Western Europe, Europe, Asia...)
- Debit Card Transaction 39 countries (Western Europe, Asia, Europe...)
- Direct Debit Transaction 42 countries (Asia, North America, Western Europe...)
- Credit Card Transaction 37 countries (Asia, North America, Latin America...)
- Checks Transaction 43 countries (Asia, North America, East Asia...)
- Account At Financial Institution 173 countries (Africa, Asia, Sub-Saharan Africa...)
- Credit Card Ownership 167 countries (Africa, Asia, Sub-Saharan Africa...)
Global Payments Industry Database
Improve your Knowledge with the latest Indicators and Trends
-
ATM Cards Market: A Global Examination of Trends and Opportunities
Technological advancements, mature banking ecosystems and rising economies are currently playing a pivotal role in steering the market dynamics in the global arena of cash-dispensing cards. The surge in intercountry travels, demand for hassle-free financial transactions, and growing affinity towards digital banking are further fuelling the accelerated market expansion. On...
Discover more insights -
Decoding Dynamics: Key Insights into Credit Card and Financial Processing Industry
A principal factor driving the financial performance of the credit card and financial processing sector is the transactional revenue. This comes as a result of increasing adoption of digital payment methods over traditional payment systems globally. Businesses are transitioning to becoming cashless, with the demand for innovative payment platforms remaining...
Discover more insights -
Banking Innovations: The Evolution and Strategic Opportunities of ATM Cards
ATM cards, initially designed merely to withdraw cash, have undergone remarkable changes over the years. The first inroads were automation and digitisation, enhancing speed and convenience, thereby increasing customer reliance on this technology. This evolution was enabled by advances in computer technologies, such as the advent of chip technology and...
Discover more insights -
Store Cards: Unraveling Economic Patterns and Consumer Behavior Worldwide
Store cards, also known as store-branded credit or loyalty cards, are becoming more conspicuous in the modern consumer landscape. Drawn from the various markets, commerce economies around the globe exhibit certain synchronized patterns with respect to store card usage. Market maturity in countries like the U.S., U.K., and Japan is...
Discover more insights -
Exploring the Dynamic Landscape: Various Card Types Redefining Financial Transactions
The emergence and integration of various types of card-based transactions, such as credit and debit cards, have triggered a considerable shift in Taiwan's economic landscape. Notably, this transformation has influenced different sectors by presenting innovative ways of conducting business and improving the population's overall access to financial services. The increasing...
Discover more insights