A new study by Juniper Research, released on September 8, 2025, forecasts that global eCommerce payments will surge from $8.3 trillion in 2025 to over $13 trillion by 2030, reflecting a robust 57% growth. This expansion is primarily driven by emerging markets, with Latin America and the Indian Subcontinent experiencing the fastest growth rates due to increased access to local payment methods.
The rapid growth in eCommerce payments is fueled by the adoption of local payment methods in emerging markets, where traditional card penetration is low. Digital wallets, bank transfers, and real-time payments are transforming access to online shopping, enabling broader eCommerce participation. “Identifying and supporting the right local payment methods for each developing market will be critical,” said Nick Maynard, VP of Fintech Market Research at Juniper Research.
Juniper Research’s 2025 eCommerce Payments Competitor Leaderboard ranks Stripe, Visa Acceptance Solutions, and PayPal as the top three vendors, evaluated on operational scale, commercial offerings, and payment acceptance comprehensiveness. These leaders excel by balancing robust local payment support with value-added services like fraud and dispute management. However, the competitive landscape is clustered, with vendors offering increasingly similar services. “Vendors must embrace local payments with global reach and local granularity to differentiate,” Maynard noted.
The report highlights the need for vendors to adapt to cultural and regulatory trends to remain competitive. As eCommerce accessibility expands, well-positioned merchants and payment providers can capitalize on growth opportunities, particularly in emerging economies where digital wallets and alternative payment methods are leapfrogging traditional card systems. The study projects significant opportunities for providers who prioritize localization and scalability.
Juniper Research’s study offers over 54,000 datapoints across 61 countries, providing a detailed five-year forecast and a Competitor Leaderboard. It examines current and future market opportunities, offering actionable insights for stakeholders. A free sample is available at www.juniperresearch.com.
Juniper Research is a global tech strategist firm providing research, data, and forecasting across fintech, telecoms, and IoT sectors. For over 20 years, it has delivered actionable insights to help industry leaders navigate disruption and make strategic decisions.
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