Jan 17, 2024
What % Do Payment Providers Take From Retailers?
What we’re showing
The rate charged by a variety of payment providers, specifically credit cards and e-wallets.
Key takeaway
E-wallet services charge significantly lower fees than traditional credit cards.
Context
E-wallets are significantly more popular than credit cards in emerging markets. For example, in China, e-wallets account for 56% of consumer transaction value, while credit cards represent only 18%.