Proof Point
Credit and debit cards most popular forms of e-commerce payment used by U.S. consumers in 2015
U.S. E-Commerce Market by Payment Method
2015 (percentage share from total spending)
Proof Point Findings
- E-Commerce Payment System – Facilitates acceptance of payment for online transactions
- High Card Usage – Credit cards (34%) and debit cards (25%) led e-commerce payments made by U.S. consumers, closely followed by eWallets (20%)
- Importance of Secure Transactions – eWallets, such as Paypal, Apple Pay, Google Pay, and Samsung Pay, expected to overcome card usage by 2020 due to increasing interest of higher levels of security
- Key Growth Drivers – Include increasing internet penetration rate and consumer preference for online shopping, growing merchant platforms and e-commerce competition, faster and more efficient shipping processes, expanding number of merchants adopting e-ecommerce payment technologies, improving security features of payment technologies and introduction of more accessible payment methods across different population groups
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Accelerator |
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Market Disruption |
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Sector |
Wholesale and Retail Trade
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Source |
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Date Last Updated |
June 2, 2017
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