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Global payments revenue to reach $2.4 trillion by 2029: Report
['The Hans India']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
New Delhi: Global payments revenue is projected to grow to $2.4 trillion by 2029, according to a new report on Monday.
“Payments are no longer just about moving money; it is about shaping the very fabric of commerce and financial sovereignty.
The report noted agentic AI is set to influence over $1 trillion in e-commerce spending.
Stablecoins reached $26 trillion in volume, although real-world payments account for only 1 per cent of that total.
Payments-focused fintechs have attracted over $135 billion in equity funding over the past 25 years and now make up 45 per cent of total fintech revenue.
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