Nuvei - New Payment Options: Why Consumers Are Trying Digital Wallets - November 2022 - Discover why consumers’ are willing to use online bank transfers enabled through digital wallets and other emerging payment methods

Why Consumers Are Trying Digital Wallets

Digital Wallets Dominate Surge in New Payments Use   A new report, “New Payments Options: Why Consumers Are Trying Digital Wallets,” a collaboration with Nuvei, finds that 52% of US consumers tried out a new payment method in 2022, with many choosing to give digital wallets a try for the first time. But why?
Inside the November Playbook
  • 56%: Portion of consumers annually earning more than $100K who used a new-to-them payment method in the last year
  • 48%: Share of consumers who say ease of use is important in their decision to use a new payment method
  • 39%: Share of consumers who adopted a new payment method in the past year and say merchant acceptance is an important factor in their choice

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