Accelerating payments innovation is transforming modern wallets into commerce enablers. Innovation also demands that credit card issuers consider digital-only consumer credit cards and rewards-based subscriptions. Here’s how we predict these trends will shake out in H2 2024.

Key Question: What outcomes will key payments trends shape by the end of 2024?

Key Stat: Almost 6 in 10 US consumers will use mobile wallets to make payments this year, and we expect that number to climb to nearly 70% by 2028. Innovation in commerce management features will push user engagement into overdrive.