Top 7 Companies in the Global Digital Payment Market in 2026

The global digital payment market was valued at USD 161.42 Billion in 2025. It is projected to grow at a CAGR of 15.30% from 2026 to 2035, reaching a value of USD 670.27 Billion by 2035. As per the analysis of Expert Market Research, the market is expected to be driven by the increasing smartphone ownership and the rising accessibility to high-speed internet.

The market for digital payment is being fuelled by the rising ownerships of smartphones, increased use of smart wallets, and ease of bookings through in-app services. The transitioning consumer behaviour towards contactless payments and robust digital transformation are driving the market growth. In addition, the introduction of favourable government initiatives, such as the Unified Payment Interface (UPI) by the Indian government, is driving the utilisation of digital payment methods by both consumers and businesses. With the rising demand for real-time payment models and personalised and convenient experiences by users, the digital payment market is likely to grow robustly in the coming years.

Latest Updates on Top Digital Payment Companies 2026

In July 2026, Visa reported record fiscal third-quarter 2026 revenue of USD 11.6 billion, up 14 percent, and detailed a full-stack stablecoin strategy with its settlement pilot reaching a USD 7 billion annualised run rate.

In July 2026, PayPal raised its full-year 2026 guidance after second-quarter total payment volume rose 10 percent to USD 486 billion, driven by momentum at Venmo and Braintree.

In June 2026, Mastercard agreed to acquire stablecoin-infrastructure provider BVNK for about USD 1.5 billion, expanding its digital-asset capabilities.

In May 2026, Block raised its 2026 outlook after first-quarter gross profit jumped 27 percent to USD 2.91 billion on Cash App and Square strength.

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Top Digital Payment Companies in the World

1. Square, Inc.

Square, Inc. is a digital payment and financial service company that offers innovative services for various end-use sectors, including retail, food and beverages, and banking, among others. The company also provides professional services operations, banking products, embedded financial services, and versatile e-commerce tools. In May 2022, it acquired GoParrot to offer a customisable white-label app to merchants and enhanced consumer experiences. In May 2026, Block, Inc., Square's parent, reported first-quarter 2026 net revenue of USD 6.06 billion and a record 25 percent adjusted operating margin, lifting its full-year outlook.

2. Fiserv, Inc.

Fiserv, Inc. is a leading financial services technology company, serving large and small enterprises, the public sector, fintech, and financial institutions. With nearly 10,000 financial institution clients, the company performs more than 12,000 financial transactions per second. Its services are used by about 6 million merchants across the globe whereas it boasts of 1.4 billion global accounts on file. In August 2022, the company partnered with Rutgers University-Newark for driving inclusivity and innovation in financial technology. In May 2026, Fiserv reported first-quarter 2026 revenue of USD 5.03 billion and reaffirmed its 2026 guidance, with Clover payment volume up 12 percent year-on-year.

3. PayPal Holdings, Inc.

PayPal is one of the pioneers in digital payment and connects consumers and merchants in over 200 markets. As of Q2 2022, the company has 429 million active merchants and consumer accounts, total payment volume worth USD 340 billion, and payment transactions of USD 5.5 billion. In Q2 2022, the company generated net revenue of USD 6.8 billion. In July 2026, PayPal reported second-quarter 2026 adjusted EPS of USD 1.38 on revenue of USD 8.68 billion, beating estimates as branded checkout stabilised.

4. Visa Inc.

Visa Inc. is a digital payment company that aims to deploy cutting-edge technology for connecting more people to the global economy. Business, merchants, financial institutions, governments, and banks in more than 200 countries worldwide utilise services of the company. Over 3.8 billion cards of the company are used across the globe, and it has facilitated payment transactions worth USD 232.5 billion. Its services and products are used by more than 70 million merchants across the globe. In July 2026, Visa reported fiscal third-quarter 2026 revenue of USD 11.6 billion and announced a USD 4.9 billion share buyback while advancing its AI and stablecoin initiatives.

5. MasterCard Incorporated

MasterCard connects and powers an inclusive digital economy that makes transactions safe, simple, smart, and accessible. It caters to the requirements of consumers, small and medium businesses, governments and public sectors, large enterprises, and banks and credit unions. In June 2021, MasterCard completed the acquisition of Ekata, a leading provider of identity verification services, to offer seamless experience to consumers. In Q2 2022, the company generated net income of USD 2.3 billion and net revenue of USD 5.5 billion. In April 2026, Mastercard reported first-quarter 2026 net revenue of USD 8.4 billion with adjusted EPS of USD 4.60, beating estimates on strong cross-border volume.

6. Apple Inc.

Apple Inc. is one of the largest technology companies in the world. It offers innovative devices such as iPhone, Apple TV, Macbook, and Apple Watch; breakthrough services like Apple Pay, Apple Music, iCloud, and App Store; and software platforms, including iPadOS, tvOS, and iOS, among others. With over 100,000 employees, the company offers flexible and advanced services for education institutions, businesses, governments, and healthcare. In July 2026, Apple introduced four new Apple Pay features and integrated American Express Membership Rewards, as it prepared to launch Apple Pay in India by mid-2026.

7. One97 Communications Limited

One97 Communications Ltd. (Paytm) is one of the leading digital payment companies in India. Over 200 million businesses and merchants use Paytm app to accept digital payments and above 300 million Indians use the app for payment applications. The company also offers innovative services like wealth management, insurance, mobile banking, and lending for merchants and consumers. It is listed on the BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) under the symbol 543396 and PAYTM, respectively. In May 2026, One97 Communications posted its first-ever full-year profit of INR 552 crore for FY26, reversing a prior-year loss, with revenue rising to INR 8,437 crore.