How Mobile Is Changing US Consumers' Shopping And Payment Habits

How Consumers Pay for the Half-Trillion Dollars They Spend Every Month

U.S. consumers spend $555 billion monthly on groceries, food, retail and travel-related purchases — and a revolving door of pandemic-related requirements nationwide risks putting this spending in flux. In the first monthly Digital Payments Economy Report, PYMNTS surveys more than 3,300 consumers to understand the role of digital and mobile in how consumers pay.

Inside the December Report
  • Debit trumps credit usage when consumers shop in physical stores, but credit cards are king for online purchases.
  • Nearly one-quarter of consumers are buying their groceries online.
  • Nearly one-third of consumers made peer-to-peer (P2P) transactions during the past month.