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M-commerce payments, boom for mobile payments

Mobile payments, so-called m-commerce payments will reach $3.1 trillion in 2025. 

This is the conclusion of a Juniper Research study.

It is a significant increase, as m-commerce payments will amount to $2.1 trillion in 2020.

This year’s growth was due to the Covid-19 pandemic, which accelerated the use of digital wallets and so-called OEM Pay systems (such as Apple Pay, where the user pays using a smartphone). All cases in which payment is no longer made offline, through the exchange of money, but online, with a digital transaction. 

China and the United States leading countries of m-commerce payments

China and the United States are driving these trends. Juniper’s report reveals that smartphone payments in China will increase by 55% from 2020 to 2025. In China, digital payments are a well-established reality, with eCommerce on the rise. 

In the same 5 years, m-commerce payments in the US will increase by 74 per cent. This will benefit OEM systems and giants such as PayPal. PayPal itself, having opened up to the crypto world, will generate a further change in this sector. 

All this, however, will lead to a greater increase in online purchases. 

New trends 

In this particular market, the breakthrough will be represented by Buy Now, Pay Later (BNPL) systems. In fact, the buy now and pay later solutions are particularly appreciated by millennials, who are reluctant to use credit cards. 

This form of payment would also be particularly welcome to merchants who are looking to see sales increase, while offering a better experience to users. 

Researcher Susannah Hampton explained how crucial BNPL payments are to the industry: 

“‘It is critical for payment processors to prioritise building technological ecosystems to allow the acceptance of BNPL across all payment methods, or they will be left behind by more digitally-adept providers”.


Eleonora Spagnolo
Eleonora Spagnolo
Journalist passionate about the web and the digital world. She graduated with honours in Multimedia Publishing at the University La Sapienza in Rome and completed a master's degree in Web and Social Media Marketing.