How We Pay Digitally: Stored Credentials Edition
How Consumers Pay Online With Stored Credentials
Convenience drives some consumers to store their payment credentials with merchants, while security concerns give other customers pause. For “
How We Pay Digitally: Stored Credentials Edition,”
a collaboration with Amazon Web Services, PYMNTS surveyed 2,102 U.S. consumers to analyze consumers’ dilemma and reveal how merchants can win over holdouts.
Inside the November Study
- 52%: Share of online consumers who made an online purchase in the last 30 days and used stored debit card credentials to pay
- 60%: Portion of online consumers who store payment information on merchants’ websites and apps
- 46%: Share of online customers who use browsers to store and populate payment credentials