More than 4 in 10 U.S. Consumers Now Use Virtual Cards When Shopping

Digital Payments Evolution: Virtual Cards Poised to Take Off

A shift is underway in how shoppers pay securely for their purchases, whether online or in-store. Some 42% of U.S. consumers now use virtual cards, and 65% are poised to adopt them. To learn more, read the PYMNTS Intelligence report “Digital Payments Evolution: Virtual Cards Poised to Take Off,” a collaboration with Elan.

Inside the May Study

42% of U.S. consumers used a virtual card in the past six months.
65% say they’re likely to use one in the next year.
36% of consumers who experienced fraud are more likely to use virtual cards.