BASINGSTOKE, England, Sept 21 (Bernama-BUSINESS WIRE) — A new study from Juniper Research has found the total value of digital commerce transactions globally will exceed $20 trillion by 2027, from $12.3 trillion in 2022. It predicts growth will be driven by increasing acceptance of digital payment methods and technologies that enable digital payments during the checkout procedure, such as NFC (Near-field Communication) payments.
This spend encompasses online money transfer, digital and physical goods purchases, digital ticketing purchases, banking and bill payments.