3 PAYMENT METHOD SCORECARD:
DIGITAL WALLET (STAGED/STORED-VALUE)
Global Usage (POS) Worldpay’s Global Payments Report 2025 showed digital wallets making up 30% of global POS payments in 2024 Global Usage (Ecommerce) Worldpay’s Global Payments Report 2025 showed digital wallets making up 49% of global ecommerce payments in 2024. Authorization/Pre-Authorization Digital wallets, like PayPal and Alipay, have the capability to perform authorizations and pre- authorizations for their payments. 824 825 Recurring Payments Many staged/stored-value digital wallets allow merchants to store the payment methods credentials on file which allows for recurring payments to take place.
User Experience
Metrics
Weight Score
POS Speed
10% 3.5 10% 4.0 15% 3.5 15% 3.0 10% 3.0 10% 4.0
Refund Posting Time
Omnichannel
FX/Cross-Border Global Usage (POS)
Global Usage (Ecommerce)
Authorization & Pre- Authorization Recurring Payments
15% 5.0
15% 4.5
TOTAL SCORE
3.9
POS Speed The POS speed for staged/stored-value digital wallets is depending on how the transaction takes place. While some utilize NFC technology which is a quicker checkout experience, others utilize QR codes where the user may have to go through additional steps to complete the transaction. 818, 819 Refund Posting Time When using the balance on a staged/stored-value digital wallet, refunds can potentially be available to the consumer on the same day. 820 Omnichannel Most staged/stored-value digital wallets are easy to use but can also create some friction when moving across platforms. Online shopping via a computer can require using your phone to scan a QR code to utilize the payment method, like in-store. FX/Cross-Border Most staged/stored-value digital wallets are not accessible internationally, except for a few including PayPal, WeChat Pay, and Alipay. 821, 822, 823
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