What you need to know

How we pay for things is a fundamental financial decision that most people make several times a day. Technology has allowed consumers to make payments from most of their devices, yet credit, debit, and cash remain the most popular ways to pay.

Definition

This Report examines consumer payment behaviors and attitudes toward a variety of payment types. Subjects analyzed include:

  • Preferred payment type

  • Payment methods by purchase type

  • Mobile payment system use

  • Motivation to switch payment methods

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