Digital Wallets Nudging Traditional Cards as North Americans Embrace New Payment Methods
In a digital age dominated by card-based payment methods, digital wallets are rapidly gaining momentum as the preferred online payment method across North America.
- In a digital age dominated by card-based payment methods, digital wallets are rapidly gaining momentum as the preferred online payment method across North America.
- This ranking places digital wallets just behind debit cards, cash, and credit cards, as of September 2022.
- While digital wallets are gaining traction, the North American market still heavily relies on credit and debit cards as the most commonly used online payment methods.
- "Payment Methods", in % of Respondents, October 2022
Preferred Payment Method When Shopping Online, in % of Respondents, October 2022