Debit Cards Are US Consumers Favorite Payments Go To

Digital Economy Payments: Payment Method Diversification

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

Digital Economy Payments Report

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