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Data for today’s episode is provided by Mercator Advisory Group’s report – 2019 U.S. PaymentsInsights – Technology and Fraud: Consumer Concern Is Real.
What’s more popular in US households: PayPal or Credit Cards?
- 10% more households use Paypal in the U.S. than credit cards
- 61% of U.S. households use Paypall; 51% of U.S. households use a credit card
- Debit cards are the most popular payment method in U.S. households: 67%
- ATM-only (13%) and reloadable prepaid cards (11%) are among the least popular
- Females (34%) are more likely to use a store card than males (26%)
- Females (70%) are also slightly more likely than males (65%) to use a debit card
- The exact same percentage of males/females (52%) use credit cards
Mercator Advisory Group’s most recent consumer survey report, Technology and Fraud: Consumer Concern Is Real, from the bi-annual North American PaymentsInsights series, takes an in-depth look at U.S. consumers’ current perspectives on technology and fraud.
This report explores how technology and fraud impact consumers lives and, in particular, the way they shop and pay for things. This includes detail on not only what they do but also how they feel about these two important consumer issues.