Virtual Cards Market Statistics 2023-2028
Our new virtual cards research has found that the total volume of virtual card transactions will reach 175 billion by 2028; rising from 36 billion in 2023. However, while they account for only a small proportion of these transactions, B2B virtual cards account for the largest proportion of spend via virtual cards, beating out consumer virtual cards.
So what three sectors are driving the B2B virtual cards market? And how are they expected to grow over the next five years?
Want more insights and statistics? Download our latest virtual cards whitepaper, which showcases example vendors and their solutions, the scope of their innovative technology and an analysis of how these can be capitalised.
Latest research, whitepapers & press releases
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Our complimentary whitepaper, From Transaction to Transformation: The Future of POS, analyses the current landscape of the POS market. It also provides insight into key trends shaping the POS market, such as POS terminals increasingly being used as a business management platform.
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Fintech & Payments
Contact-free Payments Become the Default as Contactless Transactions Exceed $32 Trillion Globally by 2031
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