Most used payment methods in e-commerce worldwide in 2023, by region
global e-commerce payment transactions, which will increase to 54 percent in 2026. Wallets are popular in China and India, with PhonePe in India and Alipay in China being notable brands. The APAC region also uses these wallets for mobile proximity payments in an offline POS environment.
Digital wallets were significantly more used in Asia-Pacific than in other parts of the world in 2022. Wallets accounted for almost 70 percent of e-commerce payments in the region, as opposed to roughly 20 percent in both Latin America and MEA. Wallets accounted for less than half of