Digital Payment Update - Europe's Payment Future Embraces Digital Wallet Innovation

Significant growth in Europe's digital payments is anticipated by 2025, propelled by innovative payment methods and evolving consumer preferences. Digital wallets are at the forefront, seeing increasing weekly use in countries like the UK and Germany, while contactless payments continue to gain popularity. Despite these advances, traditional card payments remain dominant across the continent. Additionally, instant payments and Pay by Bank services are gaining traction, particularly in regions like the Netherlands, showcasing a shift towards seamless integration with banking applications. These trends highlight a vibrant transformation in the digital payment landscape across Europe.

• Visa (NYSE:V) last closed at $352.54 up 0.4%, not far from its 52-week high.
• Mastercard (NYSE:MA) last closed at $568.64 up 0.3%, close to the 52-week high.
• PayPal Holdings (NasdaqGS:PYPL) last closed at $70.26 down 0.3%.

In other market news, Toast (NYSE:TOST) was a standout up 11.4% and ending trading at $40.84. In the meantime, Affirm Holdings (NasdaqGS:AFRM) lagged, down 14.5% to end trading at $46.41.

With its transformation into a comprehensive commerce platform through innovative features like a smart wallet, PayPal aims to significantly increase transaction volumes and deepen merchant relationships; explore how these strategic moves position it for potential growth by clicking to read the full narrative.

Best Digital Payment Stocks

• Nu Holdings (NYSE:NU) finished trading at $12.83 up 0.2%.
• JPMorgan Chase (NYSE:JPM) ended the day at $253.08 down 0.2%.
• SoFi Technologies (NasdaqGS:SOFI) finished trading at $13.18 down 0.6%.

Key Takeaways

• Explore the 195 names, such as Global Payments, CNPC Capital and PNC Financial Services Group, from our Digital Payment Stocks screener here.
• Curious About Other Options? These 16 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Europe Digital Payments Report 2025: Payment Methods, Trends, & Adoption Insights | Instant Payments and Pay by Bank Gaining Popularity" from Research and Markets on GlobeNewswire (published 06 May 2025)

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