Payment Method Diversification

Debit Cards Are US Consumers Favorite Payments Go To Digital wallets and other innovative payment methods continue to gain popularity, but the May 2022 survey of 2,771 consumers shows that consumers still use just one payment method on a regular basis, with credit and debit cards the most preferred.
Inside the June Report
  • 57%: Portion of HPD consumers who went to the store in their most recent retail shopping experience
  • 26%: Share of HPD consumers who made an online purchase via a mobile device on their most recent shopping experience for non-grocery retail goods
  • 18%: Share of consumers who live paycheck to paycheck and have issues paying their bills who are in the HPD category

PYMNTS Digital Economy Payments Report Series

The Ascent of Digital Wallets
The Rise Of Mobile eCommerce
Consumers Buy In To Food Bargains
The Pitfalls Of Payment Diversification
How Consumers Pay In The Digital World
How Consumers Pay In The Digital World
Going Digital To Pay For Travel And Restaurant Dining
U.S. Consumers And The Post-Holiday Digital Shopping Ramp-Up
How U.S. Shoppers Paid During The Holiday Season
How Mobile Is Changing US Consumers' Shopping And Payment Habits