#Factoftheweek
277 billion to 440 billion in five years.
What market will see this substantial 60% growth between 2025 and 2030?
eCommerce payment transactions, according to Juniper Research.
The three fastest growing regions for eCommerce transactions will be:
- Latin America: 258%
- Africa & Middle East: 155%
- Central & East Europe: 114%
One key trend to keep in mind is agentic commerce, which is when agents discover products for shoppers and handle the payments.
Will this replace traditional checkout? Maybe.
We are still in the early stages and development is still going into building out the payment infrastructure, but the trend is beginning to gain momentum.
What are your thoughts? Could agentic commerce replace the traditional checkout experience? Will we move even more digital than before? It is certainly something to think about with Black Friday just around the corner. Makes you think, Right?