Exclusive insights and data from the report
Europe
Europe’s eCommerce market is projected to reach US$604.59 billion in 2024, which has been underpinned by the growth of mobile wallets, bank transfers and Buy Now Pay Later options.
Asia Pacific (APAC)
By 2026, it’s projected that digital wallets will account for 73% of all eCommerce payments across APAC, with Alipay and WeChat Pay among the most popular eWallets in China alone.
Latin America (LATAM)
LATAM’s numerous strategic trade agreements and alliances have made it a desirable market for global brands to expand into, which includes SHEIN and AliExpress.
United States and Canada
Buy Now Pay Later options are on the rise in the US, which generated around US$927 million in revenue during Amazon Prime Day 2023.
Middle East and North Africa (MENA)
Subscription payments are becoming increasingly popular across the MENA region, with 50% of locals saying this provides greater convenience and cost-effective purchase options.