In 2023, 5.5 million US adults will use cryptocurrency to make payments, a jump of more than 350% in three years. That said, this figure represents a meager 2.3% of US internet users, showing that crypto payments are far from mainstream.

On the same day, it listed on the NASDAQ and launched US banking operations, aiming to challenge Big Tech and payments providers by tapping into immigrant populations.

Watch the on-demand replay of our webinar, Crypto Payments 2022, as our analysts discuss US crypto payment user growth and global crypto transaction value growth trends, as well as drivers and inhibitors.

Noncard crypto payments are increasingly available to consumers and may also be attractive to merchants.

This year’s highly anticipated Google I/O developer’s conference kicked off yesterday and all eyes were on the announcement of the new Pixel 6a, Pixel Watch, and Android 13, which were all covered along with updates to various Google Search, Maps, and Translate services.

Watch the on-demand replay of our webinar, The Payments Ecosystem.

Cash is on the decline everywhere, accounting for at most 44% of point-of-sale (POS) transaction value regionally and just 18% globally in 2021. Its share will drop to 10% worldwide by the end of 2025, with North America, Asia-Pacific, and Europe leading the charge away from physical money.

Spotify could break away from Google and Apple’s payment duopoly: Google’s alternative payments pilot program might only serve higher-profile apps, leaving smaller developers in the lurch.

Insider Intelligence spoke with Bill Ready, president of Commerce, Payments, and Next Billion Users at Google.

It’s already made crypto-payments-focused partnerships, and an exec said it’s looking at crypto. Or maybe it’s more about the metaverse.

Following double-digit growth in 2021, total transaction value on PayPal’s core platform will jump 22.3% this year to reach $1.144 trillion globally, surpassing the $1 trillion mark for the first time.

AirAsia, one of the world’s largest budget airlines, is on a mission to build a regional super app. While it follows in the footsteps of titans like WeChat in China and Gojek in Southeast Asia, if AirAsia succeeds, it will blaze a path for travel and other industries not endemic to the mobile space.

Growth will come from Gen Z’s interest in buy now, pay later (BNPL) and incumbents’ push to outspend and outinnovate competitors.

Lockdowns, online shopping, and fear of germs during the pandemic have hastened the shift toward all types of digital payments. As a result, Gen Z has fully embraced electronic wallet services, contactless payments, peer-to-peer payment apps, and digital uses of credit, including buy now, pay later.

Latin America leads in cryptocurrency ownership, with 30% of adults there holding the digital assets. Within the region, ownership jumps as high as 45% in Argentina.

Insider Intelligence analysts Adriana Nunez and Tyler Van Dyke recap a session at this year's "Money 20/20" event.

As consumers have gotten more comfortable using debit cards online, US digital debit card spending has outpaced that of credit cards. Transaction value will fall in 2021, but we expect growth to return in 2022.