<img src="https://ml.globenewswire.com/Resource/Download/908fb457-7f8e-4a08-9081-5565e3dfb3d7?size=2" nborder="0" align="left" hspace="5" vspace="5" title="22157.jpg" alt="Company Logo"/>Europe Mobile Payments Market to Reach US$2.15 Trillion in 2026 as Instant Payments, Digital Wallets, and Open Banking Accelerate<div style="float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px">
 European Mobile Payments Market
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 <img src="https://ml.globenewswire.com/Resource/Download/80543dcc-4d06-46e6-91dd-7fd3ddafbf21" title="European Mobile Payments Market" alt="European Mobile Payments Market" />
 <figcaption>European Mobile Payments Market</figcaption>
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</div>Dublin, Aug. 13, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- The <a href="https://www.researchandmarkets.com/reports/6241844/europe-mobile-payments-market-size-and-forecast?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=3nh3zs&amp;utm_campaign=2324803+-+Europe+Mobile+Payments+Market+Size+%26+Forecast+Databook+(Q2+2026+Update)+%7c+Open+Banking+Reshapes+Mobile+Checkout+and+Recurring+Payments&amp;utm_exec=jocamsai" rel="nofollow" target="_blank" title="Europe Mobile Payments Market Size &amp; Forecast by Transaction Value and Volume Across 70+ KPIs by Payment Method, Transaction Type, Merchant Category, Consumer Demographics, and Geography - Databook Q2 2026 Update">"Europe Mobile Payments Market Size &amp; Forecast by Transaction Value and Volume Across 70+ KPIs by Payment Method, Transaction Type, Merchant Category, Consumer Demographics, and Geography - Databook Q2 2026 Update"</a> has been added to ResearchAndMarkets.com's offering. The Europe mobile payments market is forecast to grow by 8.7% annually to reach US$2.15 trillion in 2026. Following a compound annual growth rate of 18.7% between 2021 and 2025, the market is expected to maintain strong momentum through 2030. Transaction value is projected to increase from US$1.97 trillion in 2025 to approximately US$2.81 trillion by 2030, representing a forecast compound annual growth rate of 6.9% during 2026-2030. <img alt="" height="400" src="//www.researchandmarkets.com/content-images/2507/2507875/1/european-mobile-payments-market.png" width="600" /> Growth across the European mobile payments market is being supported by the expansion of real-time account-to-account payments, rising digital wallet adoption, open banking innovation, and the integration of mobile transactions into retail, transportation, government, and public-service ecosystems. Instant Account-to-Account Payments Gain Momentum SEPA Instant Credit Transfer infrastructure is accelerating real-time mobile payments across Europe. Banks and fintech companies in Germany, France, Belgium, Austria, and other euro-area markets are embedding instant payment functionality into mobile banking platforms. Domestic services such as iDEAL in the Netherlands and Bizum in Spain are expanding beyond peer-to-peer transfers into e-commerce, bill payments, and merchant transactions. Regulatory mandates, standardized banking interfaces, and merchant demand for lower-cost payment options are expected to support wider adoption. As request-to-pay capabilities develop, account-based payments could capture a larger share of domestic e-commerce, recurring payments, and bill settlement, although card networks will remain central to many mobile wallet transactions. Digital Wallet Adoption Expands Across Contactless Markets Digital wallets are becoming a primary payment interface in the United Kingdom, Nordic countries, and other contactless-focused markets. Apple Pay and Google Pay maintain a strong presence, while domestic platforms such as Swish and bank-supported European payment solutions continue to evolve. Wallet providers are also integrating loyalty programs, transit access, digital identity, and ticketing services to increase engagement and transaction frequency. High smartphone penetration, extensive NFC-enabled terminal deployment, and European regulatory developments are strengthening wallet adoption. The Digital Markets Act is also influencing competitive access to mobile payment technology. Over the next several years, domestic wallet schemes are expected to consolidate, collaborate, or connect with pan-European initiatives while competing with global technology providers. Open Banking Reshapes Mobile Checkout and Recurring Payments Open banking payment services are expanding across key European markets. Companies including TrueLayer and GoCardless are supporting account-based checkout, subscription, and recurring payment solutions, while fintech firms in Germany and other markets are using banking APIs to develop alternatives to card-based transactions. PSD2 and the emerging PSD3 framework provide the regulatory foundation for secure payment initiation and financial data access. Merchant interest is increasing as account-based payments can improve settlement speed and reduce transaction costs. The United Kingdom and Germany are expected to remain leading markets, with broader European adoption dependent on regulatory standardization, bank connectivity, and merchant acceptance. Public Transport and Government Services Increase Mobile Payment Usage Mobile payments are becoming more deeply embedded in European public infrastructure. Transport for London supports contactless mobile fare payments, Nordic markets offer app-based payments for parking and municipal services, and Italy's IO platform enables citizens to complete government-related transactions through mobile channels. National digitalization programs and EU-level investment are expected to expand these capabilities. Integration with transport, taxes, municipal fees, and civic services could increase mobile payment adoption among older consumers and residents of semi-urban areas, supporting broader participation across Spain, Portugal, Italy, and other developing digital payment markets. Competitive Landscape Europe's mobile payments ecosystem remains fragmented, with domestic account-based schemes operating alongside international wallets and card networks. Swish leads peer-to-peer payments in Sweden, Bizum is embedded across Spanish banking applications, and Apple Pay and Google Pay remain prominent in major contactless markets. Visa and Mastercard continue to provide underlying infrastructure for a substantial share of wallet-based transactions. Traditional banks, global technology companies, fintech providers, payment processors, and merchant acquirers are competing for control of the customer interface and merchant relationship. Klarna, Adyen, TrueLayer, Nexi, and other industry participants are expanding mobile checkout, embedded payment, open banking, and acquiring capabilities. The European Payments Initiative is advancing Wero as a unified European wallet, supported by financial institutions in markets including Germany, France, and Belgium. Recent competitive activity has focused primarily on partnerships, infrastructure integration, and cross-market expansion rather than large-scale acquisitions. Interoperability is expected to increase over the next two to four years as pan-European initiatives and regulatory requirements mature. Comprehensive Europe Mobile Payments Market Intelligence The report provides a data-centric analysis of the Europe mobile payments industry, covering more than 70 key performance indicators. It assesses transaction value, transaction volume, average transaction value, transactions per user, active and registered users, transaction success rates, fraud rates, merchant acceptance, and revenue performance. Market segmentation includes payment method, transaction type, payment instrument, merchant category, consumer demographic, payment infrastructure, and geography. The analysis covers QR code payments, NFC and contactless transactions, app-based transfers, peer-to-peer payments, merchant payments, bills and services, business transactions, and consumer disbursements. Merchant categories include retail and grocery, restaurants, fuel stations, professional services, healthcare, education, entertainment, travel, hospitality, and transportation. Geographic analysis covers urban, semi-urban, peri-urban, and rural markets, while demographic coverage spans Gen Z, Millennials, Gen X, and older consumers. The report also evaluates monetization through transaction revenue, merchant discount rates, consumer fees, interchange and processing income, subscriptions, commissions, platform services, value-added services, and balance-related income. Historical data and forecasts through 2030 support market sizing, benchmarking, financial modeling, competitive analysis, and strategic planning. Bundled Coverage Across 18 European Markets The bundled offering includes the Europe Mobile Payments Market Business and Investment Opportunities Databook and country-level reports covering Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, and the United Kingdom. Collectively, the package includes more than 2,000 tables and 2,700 figures. Strategic Value for Industry Participants <ul><li>Assess the size, growth, transaction mix, and competitive structure of the Europe mobile payments market.</li><li>Compare digital wallets, instant payments, card-based transactions, open banking payments, and mobile checkout models.</li><li>Benchmark user engagement, merchant acceptance, transaction performance, fraud exposure, and monetization strategies.</li><li>Identify opportunities in contactless payments, embedded finance, recurring transactions, public services, and cross-border payment infrastructure.</li><li>Support market entry, product development, partnership, investment, and geographic expansion decisions with historical and forecast data through 2030.</li></ul> The research applies established industry methodologies and a proprietary analytics platform to evaluate market performance, structural trends, consumer adoption, infrastructure development, and competitive dynamics across Europe's rapidly evolving mobile payments ecosystem. Key Attributes <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Report Attribute</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">Details</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">No. of Pages</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">3132</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Forecast Period</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">2026-2030</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Estimated Market Value (USD) in 2026</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">$2.15 Trillion</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Forecasted Market Value (USD) by 2030</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">$2.81 Trillion</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Compound Annual Growth Rate</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">6.9%</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; ">Regions Covered</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; ">Europe</td></tr></table> For more information about this report visit <a href="https://www.researchandmarkets.com/reports/6241844/europe-mobile-payments-market-size-and-forecast?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=3nh3zs&amp;utm_campaign=2324803+-+Europe+Mobile+Payments+Market+Size+%26+Forecast+Databook+(Q2+2026+Update)+%7c+Open+Banking+Reshapes+Mobile+Checkout+and+Recurring+Payments&amp;utm_exec=jocamsai" rel="nofollow" target="_blank" title="">https://www.researchandmarkets.com/r/n6vtmg</a> About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. 
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