
Year-End Data Shows Consumers Pick Credit Cards for Rewards, Debit for Convenience
10 Impact Statements: How People Pay
Your payments acceptance strategy should be driven by data, and that’s why you should care about how people pay. For example, despite the rise of digital options, 47% consumers cite convenience as the main reason for using debit cards, revealing the “stickiness” of traditional payment methods. Download PYMNT Intelligence’s exclusive “How People Pay” eBook for 10 insightful charts detailing consumer behavior — and the implications for your business.
Inside the January eBook
- 70%: Share of consumers who made their last travel purchase online as of November 2024
- 42%: Share of consumers using credit cards for in-store purchases who cited rewards or cash back as the reason
- 39%: Share of consumers who reach for the most convenient payment method when buying groceries
PYMNTS eBooks
-
The Payment Stack Strikes Back: Six Lessons for the Next Era of Commerce
-
AI Changes Commerce. Visa Wants Trust to Scale With It
-
How Visa Helps Businesses Stay Ahead of Payment Fraud
-
Top of Wallet Reimagined: Why Digital Credentials Now Decide Loyalty
-
Exclusive eBook: Summer School Series: 7 Financial Services Leaders Share Their Vision for 2025
-
10 Impact Statements: The 2024 Pay Later Report
-
10 Impact Statements: Consumer Credit
-
10 Impact Statements: The New Reality Check
-
10 Impact Statements: Embedded Lending
-
10 Impact Statements — SMB Growth: Credit Access
-
10 Impact Statements: The 2024 Certainty Project
-
Regulating Generative AI: The Six Storylines of 2023
-
Digital Payments Flip the Script: 10 Merchants and 10 Visions for Digital Transformation
-
2022 Outlook: The Innovations That Hit, Missed And Need To Hit Reset