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What Digital Wallets Are Consumers Using?

By PaymentsJournal
June 13, 2025
in Debit, Digital Wallets, Truth In Data
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Digital wallets have become an integral part of the modern payments ecosystem, offering consumers a fast, convenient, and secure way to make transactions both online and in person. As mobile adoption increases and contactless payments gain traction, digital wallets are replacing traditional methods like cash and physical cards for many users.

Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to receive notifications as soon as the episode publishes.

Data for today’s episode is provided by Javelin Strategy & Research’s Report: 2025 Digital Issuance Provider Scorecard

Top 4 Digital Wallets Used in the Past 12 Months

  • 61% – PayPal
  • 36% – Apple Pay
  • 31% – Google Pay
  • 29% – Cash App

Source: Javelin Strategy & Research North American PaymentsInsights, December 2024

About Report

Galileo earns the top spot in Javelin Strategy & Research’s first-ever Digital Issuance Provider Scorecard, recognized as the Best in Class among eight evaluated companies. Its robust Digital First platform—designed for flexibility, security, and scalability—set it apart from competitors by enabling innovation across the payments and financial services landscape. Thales and FIS followed closely, earning Overall Leader distinctions.

The evaluation forms part of Javelin’s broader research on debit payments, specifically within its Instant Issuance and Digital Issuance Provider series. This scorecard delivers a detailed comparison of offerings from Alviere, B4B Payments, CPI Card Group, Entrust, FIS, Fiserv, Galileo, and Thales. Each digital card issuance solution was measured against 25 criteria across three categories, using data supported by proprietary consumer survey research.

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Tags: Apple PayCash AppDigital WalletsGoogle PayPayPal

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