Far East & China to Drive 60% of Network Tokenised Transactions in 2025

The global landscape for network tokenised transactions is set for significant expansion, from 233.9 billion transactions in 2024 to 573.7 billion by 2029; an impressive growth rate of 145.3%.

One of the key drivers of this surge is the rapid adoption of eCommerce and digital wallets. As network tokenisation becomes the norm for online and in-store transactions, a rising acceptance of NFC (near-field communication) payments among merchants will further fuel growth.

• Far East & China will lead the charge, contributing the highest number of network tokenised transactions in both 2024 and 2029. The region's vast population and robust engagement with eCommerce giants like JD.com and AliExpress are central to this dominance.
• Latin America is poised to experience the fastest growth, with a remarkable forecast of 438.6% growth over the next five years, driven by a booming eCommerce sector and increasing digital wallet usage. Neobanks, such as Naranja X and Nubank, are fostering a surge in card ownership, further accelerating the region's growth.

Source: Global Network Tokenisation Market 2025-2029

Read the Press Release: Network Tokenised Transactions to Reach 574 Billion Globally in 2029

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