Network tokens will generate almost $ 9 billion in revenue until 2029, with click-by-payment that drives growth when customers are looking for faster check-out, says a new report.
With the title “Global Network Tokenisation Market: 2025-2029,” Report Of Juniper Research projects that tokenized network transactions will generate $ 4.1 billion in revenue this year. By 2029, the value will have grown by $ 117% to $ 8.9 billion.
Network tokenization is a process through which credit card companies replace sensitive card information with unique symbols. These symbols are trade -specific and contain only the information required for a particular transaction, which protects users’ card information, which can otherwise be harvested and used for fraud.
Credit card fraud is one of the most common. In the United States, victim lost Over $ 12.5 billion in 2024 to this type of fraud, which retained its position as the most common form of identity theft. Globally was lost over $ 33 billion to these fraud by 2022, with experts projecting The figure will increase to $ 43 billion in 2026.
Network tokenization handles this challenge by creating tokens for specific transactions. According to the Juniper report, it offers a lifeline for card companies, which has steadily lost the market share to digital and mobile payment solutions.
Although security remains a concern for most users, convenience and speed are also the key, and with network tokenization, card companies can finally offer single -click payments.
“Card networks must increase the use of clicks to pay through e-commerce services, and we expect the biggest challenge to overcome users’ knowledge of other practical services. We expect the growth of clicks to pay will be clear in browser-based purchases, given how well adapted it is to this e-commerce channel.”
In a previous report, Juniper projected to tokenized payment transactions will exceed a trillion in 2026.
In yet another report published a week ago by the payment company Silverflow, Network Tokenization was calculated to increase the payment rate by up to 6%.
“Network token is one of the most important parts of the modern payment system … If a merchant really wants to create a best-in-class set, the combination and understanding of the underlying transaction data, as well as your capacities, will act on these is the glaze to enable comfortable, secure and cost-effective transaction sequences,” commented Silverflows Erik Jongbloed.
Large card companies wake up to the potential to tokenize their networks. Mastercard (Nasdaq: MA) have set a goal to tokenize 100% of its online transactions in Europe in 2030. Visa (Nasdaq: v) revealed that 30% of their transactions were tokenized last year, saving consumers $ 650 million that would otherwise have gone to fraud.
“I think the case for network tokenization is already proven. Lower fraud, higher levels of authorization, lower transaction costs and better customer experience,” explains A UK-based payment expert.
World Bank’s revived digital transformation agenda
Elsewhere, the World Bank has confirmed its commitment to promote digital transformation globally below Global digital meeting In Washington, DC, which ended Thursday.
Under the theme “Digital Pathways for all” focused this year’s event on highlighting the World Bank and its partner’s achievements to promote digitalization.
While recognizing the reached milestones, Sangbu Kim, which is the head of the agency’s digital transformation initiative, noted That the digital gap is now wider than ever. About 2.6 billion people remain offline globally, which prevents their access to opportunities that can change their lives. An even larger number lack high -speed, affordable and Reliable connectionthat limits their ability to exploit opportunities presented by new techniques such as Artificial intelligence (AI).
The World Bank has pointed a global development toward Digital ID Under its identification for development (ID4D) initiative. It has invested over $ 1 billion in initiative in dozens of countries, from Morocco and Nigeria to Bangladesh and the Philippines.
However, Kim believes that more can be done.
“We must also form policies, expand partnerships and bring more people, companies and governments to the digital world and make sure this digital transformation benefits the most vulnerable,” he wrote.
Watch: Blockchain is much more than digital assets
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