Qubepay Global Payments Trends

As the digital payments industry continues to evolve, the latest Worldpay Global Payments Report offers essential insight into where the market is headed and how merchants must adapt to stay competitive. From the rise of digital wallets to the decline of cash and the surge in Buy Now, Pay Later (BNPL) solutions, the landscape is becoming faster, smarter, and more fragmented.

At QubePay, we’re not only monitoring these global trends—we’re building the payment infrastructure that supports them. Here’s what the 2024 data reveals and how QubePay Payment Services help merchants worldwide stay one step ahead.

📊 Highlights from the 2024 Worldpay Global Payments Report

1. Digital Wallets Dominate
   Over 50% of global eCommerce transactions are now processed through digital wallets, with Asia Pacific and Latin America leading the charge. Consumers are shifting from card-on-file to mobile-first, app-driven experiences.

2. Credit and Debit Card Usage Remains Strong
   Despite wallet growth, traditional Visa, Mastercard, and local card schemes continue to play a central role—especially in North America, Europe, and parts of Southeast Asia.

3. BNPL and Open Banking Accelerate
   BNPL is expected to grow rapidly in high-ticket retail, while open banking-powered payments gain momentum, particularly in the EU and UK.

4. Cash and Bank Transfers Decline in Online Checkout
   While still relevant in certain emerging markets, traditional methods are steadily being replaced by instant and secure online payments.

5. Cross-Border eCommerce Surges
   Consumers are buying globally. Merchants need multi-currency, compliance-ready, and fraud-protected solutions to thrive in international markets.

🧭 What This Means for Merchants

The pressure on merchants to diversify payment methods and deliver fast, secure, and localized experiences has never been greater.

• Offer digital wallets or risk losing mobile customers

• Support multiple card schemes to expand reach

• Accept local payment methods to drive conversions

• Maintain compliance and security in every market

• Enable real-time settlement and fraud protection

QubePay is already solving for all of the above.

💡 How QubePay Aligns With Global Payment Trends

At QubePay, we’re deeply aligned with the direction outlined in the report—and we’re proud to support online merchants with:

✅ Card Scheme Acceptance (Visa, Mastercard, JCB, UnionPay)

Tailored acquiring across markets, including support for high-risk and high-volume industries.

✅ Digital Wallet Integration

Apple Pay, Google Pay, and region-specific wallets built into our merchant checkout flow.

✅ Cross-Border Settlements

Multi-currency capabilities, with USD, GBP, EUR, SGD, and KHR, among others.

✅ Localized Payment Experiences

POS + online support across Cambodia, Southeast Asia, UK, EU, and North America.

✅ Advanced Fraud & Risk Tools

AI-powered tools to reduce chargebacks and ensure PCI DSS-compliant processing.

🌍 Scaling the Future of Payments, Together

As digital commerce grows more complex, QubePay remains focused on building merchant-first solutions that keep businesses competitive, compliant, and globally connected.

We invite you to read the full Worldpay Global Payments Report, and then connect with us to discuss how your business can stay ahead in 2024 and beyond.

📬 Contact us: www.qubepay.com