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Digital Wallet Market in Australia to Surpass $130 Billion in 2025 Amid Cashless Shift, Forecasts GlobalData

Summary by GlobalData
Digital wallet adoption is accelerating rapidly in Australia, with transaction values projected to grow by 20.8% in 2025 to reach AUD201.3 billion ($132.9 billion). This surge is fueled by the shift towards cashless payments, rising smartphone usage, and broader acceptance of NFC and QR-based solutions—highlighting the growing role of digital wallets in Australia’s evolving financial ecosystem, forecasts GlobalData, a leading data and analytics …
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GlobalData broke the news in on Monday, May 26, 2025.
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