Digital wallets are a way of storing payment information electronically so consumers can make transactions with a computer or smartphone -- and without needing their physical credit or debit cards. Consumers love digital wallets because they're a secure, seamless way to pay on web and mobile. Businesses love them because they can help drive revenue.
In 2019, 2.1 billion global consumers are expected to use a digital wallet to make a payment or send money.1
Reach millions of customers across the globe already using digital wallets as their preferred payment method -- including 250 million active PayPal accounts.
With PayPal One Touch™, eliminate the need for customers to re-enter their payment information for repeat purchases.
Customers trust digital wallets as a secure form of online payment technology.2
1. Juniper Research - Mobile Wallets Service Provider Analysis, Market Opportunities & Forecasts 2018-2022 (April 2018).
2. Kelton Research: Digital trends impacting commerce, September 2018. Online survey of 2,115 U.S. Adults 18 and over. Quotas were set to ensure a nationally representative sample that matched fallout for the U.S. Census on age, gender, and ethnicity.
Check out Braintree’s 2018 Global Payments Report and explore our interactive map to get more context for building your digital wallet strategy.See the report