Jan
25
Crypto Wallets now bigger than Credit Cards
by envisage
on January 25, 2023
in App Development, Blockchain, Crypto Wallet, Innovation, Mobile Commerce, Trends
0
Mobile wallets are fast becoming the preferred payment method when it comes to online purchases. According to the Mobile Wallets Report 2021, crypto wallets have now overtaken credit cards to become the most widely used payment type globally. The upward trend predicts that by 2025 mobile wallets usage will increase by 74%, reaching 4.8 billion wallets worldwide and bringing billions of consumers into digital commerce for the first time. Fast Acceleration of Crypto Wallets: Global Metrics & Trends In 2019 for the very first time, crypto wallets overtook credit cards as consumers favoured comfort, security and responsiveness over traditional banks accounts…