{
  "id": 6592191,
  "title": "Mastercard Sees Digital Wallet Users Exceeding 6 Billion by 2030",
  "url": "https://urgent.news/2026/09/10/mastercard-sees-digital-wallet-users-exceeding-6-billion-by-2030",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T13:06:10.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/mastercard/2026/mastercard-sees-digital-wallet-users-exceeding-6-billion-by-2030/"
  },
  "original_language": "en",
  "account": "By 2030, Mastercard projects that more than 6 billion individuals will be utilizing digital wallets, according to the company's recent announcement. Mastercard introduced a suite of solutions aimed at enhancing digital wallet experiences for providers, including interoperability, trust, and convenience. Jorn Lambert, Mastercard's chief product officer, highlighted the importance of wallets as gateways to the digital economy and platforms for expanding financial services.\n\nMastercard's Wallet Pay Solutions seek to foster seamless connections between wallets spanning borders, platforms, and payment types. The company's solution also empowers providers to launch credit, debit, or prepaid card programs, and enables merchants to accept payments from both cards and wallets, both in-person and online, thereby connecting over 3.7 billion Mastercard credentials to digital wallets. Lambert emphasized that, with cloud-based payments and Mastercard's worldwide acceptance network, wallet providers can leverage Wallet Pay to introduce new use cases without necessitating significant infrastructure changes.\n\nRecent research from PYMNTS Intelligence, in collaboration with PayPal, indicates that digital wallet payment preferences significantly impact a shopper's decision to complete an online purchase. The \"Hidden Cost of Checkout Gaps\" report estimates that nearly 56 million U.S. consumers abandoned online carts due to their preferred payment method not being available within the previous 30 days. Close to 26 million of these shoppers did not utilize digital wallets, while buy now, pay later options contributed to another substantial number of lost sales. These figures underscore the critical role of payment choice in merchants' growth strategies.\n\nThe PYMNTS article noted that 43% of consumers plan to link a digital wallet to an AI agent for purchases within the next two years, highlighting the growing importance of familiar payment tools in facilitating such transactions. Moreover, consumers desire control over what an agent can buy and the amount an agent can spend. As such, recognizing these preferences can help merchants close gaps in their checkout experience and ultimately improve their bottom line.",
  "summary": "By 2030, more than 6 billion people could be using digital wallets. That’s according to Mastercard, which on Thursday (Sept. 10) introduced a set of solutions designed to help wallet providers offer a better user experience. Mastercard Wallet Pay is “designed to foster interoperability and innovation” for digital wallets across contactless (NFC), QR codes and online digital payments, […] The post…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}