Credit vs Debit Which Is Preferred by Consumers?

Do consumers prefer credit or debit for the following online transactions?

1. Online Retail
2. Bill Payment
3. Travel
4. Digital Content

Data for this episode of Truth In Data provided by Mercator Advisory Group’s report –  U.S. Consumers and Debit: Shift to Online May Inhibit Use

About the survey

The latest Insight Summary Report from Mercator Advisory Group’s CustomerMonitor Survey Series reveals that 57% of all respondents and 78% of young adults aged 18 to 34 use person-to-person payment services such as PayPal, Venmo, Google Wallet, Facebook Messenger, and others accessible online and in app by mobile devices and nearly half of them use a P2P service at least once a month. The report, U.S. Consumers and Debit: Shift to Online May Inhibit Use, presents the findings of an online survey of 3,011 U.S. adults conducted in June 2017.