The number of digital payments in Europe is forecast to increase by nearly ** billion after 2024, as businesses move away from cash. This is according to research from Capgemini Research Institute for Financial Services Analysis. In 2024 - the most recent year estimated by the source - ***** billion cashless transactions were carried out in Europe. The source does not clearly state clear whether this includes both domestic and cross-border payments. It does point towards the importance of Swift and ISO 20022, as these initiatives hope to improve B2B cross-border payments in regions such as EMEA (Europe, Middle East, Africa).
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Capgemini. (September 26, 2025). Total number of cashless transactions in Europe from 2007 to 2024, with forecasts for 2025 and 2029 (in billions) [Graph]. In Statista. Retrieved May 07, 2026, from https://www.statista.com/statistics/1551614/europe-number-of-cashless-payments-in-b2b/
Capgemini. "Total number of cashless transactions in Europe from 2007 to 2024, with forecasts for 2025 and 2029 (in billions)." Chart. September 26, 2025. Statista. Accessed May 07, 2026. https://www.statista.com/statistics/1551614/europe-number-of-cashless-payments-in-b2b/
Capgemini. (2025). Total number of cashless transactions in Europe from 2007 to 2024, with forecasts for 2025 and 2029 (in billions). Statista. Statista Inc.. Accessed: May 07, 2026. https://www.statista.com/statistics/1551614/europe-number-of-cashless-payments-in-b2b/
Capgemini. "Total Number of Cashless Transactions in Europe from 2007 to 2024, with Forecasts for 2025 and 2029 (in Billions)." Statista, Statista Inc., 26 Sep 2025, https://www.statista.com/statistics/1551614/europe-number-of-cashless-payments-in-b2b/
Capgemini, Total number of cashless transactions in Europe from 2007 to 2024, with forecasts for 2025 and 2029 (in billions) Statista, https://www.statista.com/statistics/1551614/europe-number-of-cashless-payments-in-b2b/ (last visited May 07, 2026)
Total number of cashless transactions in Europe from 2007 to 2024, with forecasts for 2025 and 2029 (in billions) [Graph], Capgemini, September 26, 2025. [Online]. Available: https://www.statista.com/statistics/1551614/europe-number-of-cashless-payments-in-b2b/
