---
title: Global Payments Outlook 2023 | emerchantpay
description: The Global Payments Outlook shares insights on the shifting payment landscape and changing consumer preferences to supercharge your global payments strategy.
image: https://resources.emerchantpay.com/hubfs/EMP_GPO_2023_Li_1200x630px.png
---

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# Global Payments Outlook 2023

### Your global guide to navigate the eCommerce and payments landscape

emerchantpay’s latest whitepaper unpacks the eCommerce ecosystem of over 28 global markets, delving into local consumer behaviour and payment trends shaping today and the future. Discover actionable insights and data to navigate the rapidly evolving eCommerce payments landscape and bolster your payment strategy.

![GPO_2023_cover-image_1600x1600px (UPDATED)](https://resources.emerchantpay.com/hs-fs/hubfs/Other%20downloadable%20page%20assets/GPO_2023_cover-image_1600x1600px%20(UPDATED).png?width=1600&name=GPO_2023_cover-image_1600x1600px%20(UPDATED).png "GPO_2023_cover-image_1600x1600px (UPDATED)")

 

## Download your copy

## Exclusive insights and data from the whitepaper 

## Europe

 Visa was the leading card scheme standing at 57%, with Mastercard (43%), American Express (1%) followed by Diners Club (1%). Digital payments made with PayPal and Amazon Pay were used by almost seven in ten (69%) German consumers.

## APAC

Digital wallets stood as the top-performing payment option in Asia (69%), accompanied by credit card payments (13%), debit card payments (8%), bank transfers (5%) and cash on delivery (3%).

## MENA

Increasing internet adoption is a key factor for the growth of regional eCommerce, the eCommerce market size in Saudi Arabia is expected to amount to US$11.98 billion in 2023, followed by UAE at US$11.78 billion by 2023 and Egypt at US$7.54 billion

## North America and Canada

Online payment services ranked as the third most used payment method in the US with 42%. Debit cards were also heavily favoured by the majority (54%) of US digital consumers. The US is expected to have a transaction value in POS payments via eWallets of US$651.30 billion in 2023. 

## LATAM

Local payment methods are prevalent in LATAM. Pix was responsible for the processing of 4.3 billion digital transactions in Brazil as of Q1 2022. On a country level, cross-border shopping represented almost a third (29%) of eCommerce purchases in Mexico in 2022, followed by Colombia and Peru (14%).  

 

#### Learn how to optimise your payment mix for increased cross-border growth across global markets

[DOWNLOAD](https://resources.emerchantpay.com/download-global-payments-outlook-2023?hsLang=en#download)

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    - [POS terminals](https://www.emerchantpay.com/pos-terminals/)
    - [Card issuing](https://www.emerchantpay.com/card-issuing/)
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    - [Acquiring](https://www.emerchantpay.com/acquiring/)
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- COMPANY 
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For the UK: emerchantpay Ltd is a duly authorised electronic money institution subject to the prudential supervision of the UK Financial Conduct Authority (Financial Services Register No. 900778).  
For the EU: emerchantpay collaborates with UAB Phoenix Payments, a duly authorised electronic money institution subject to the prudential supervision of the Bank of Lithuania, licence number LB000477.  
For the US: emerchantpay Corp. is a Registered Partner/ISO of Elavon, Inc. Georgia \[a wholly owned subsidiary of U.S. Bancorp, Minneapolis, MN\], and of Westamerica Bank, Santa Rosa, CA.

 

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