Mastercard Launches Wallet Pay to Scale Digital Wallets Worldwide
Mastercard launched Wallet Pay, a global portfolio of solutions designed to make digital wallets interoperable across contactless (NFC), QR code and online payments. Twelve digital payment providers are adopting the platform, including Ant International's Alipay+ and partner wallets such as AlipayHK, Clip, GCash, KakaoPay, TNG eWallet and TrueMoney, alongside Axian, CRED, DaviPlata, Mercado Pago, MTN and TenPay Global. Mastercard says more than 3.7 billion of its credentials can connect to digital wallets spanning 200-plus countries and 150 currencies, with global wallet usage projected to top 6 billion users by 2030.
Key figures
- Currencies supported
- 150
- Countries and territories
- 200-plus
- Alipay plus global merchants
- over 150 million
- Digital wallet users worldwide
- 4.3 billion
- Projected wallet users by 2030
- 6 billion
- Daviplata active cards in 15 months
- 1.5 million
- Alipay plus national payment schemes
- over 10
- Alipay plus ewallets and banking apps
- more than 50
- Daviplata monthly transactions per customer
- nearly two
- Mastercard credentials connectable to wallets
- 3.7 billion
AI analysis
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