Digital Consumer Payment Trends in the U.S.
Digital Consumer Payment Trends in the U.S. – report 1
Already in growth mode, digital consumer payments are now in hyperdrive, driven by a pandemic that has shifted consumer shopping and purchasing much further into the digital realm. This shift, however, also benefits from broader macro trends: Riding mobile banking tailwinds, mobile payment accounts have become mainstream choices, and fintech innovation is quickly pushing open banking, neobanks, and point-of-sale installment loans forward. Meanwhile, the faster payments opportunity beckons—and mobile banking may enable consumers to realize the benefits of faster payments most fully. In the process, the act of making a payment is fading into the background, integrating itself seamlessly into the customer purchase experience.
This report unravels trends and innovations that are reshaping digital consumer payments in real time, by reviewing key Consumer Digital Payment Drivers, assessing trends driving faster, seamless payments, and analyzing the influence COVID-19 is having on the digital consumer payments space.
Consumer Payment Card Usage Trends in the U.S. – report 2
As part of this market research study, a second Packaged Facts report Consumer Payment Card Usage Trends in the U.S. is included. This report provides a compact overview of continuity and changes in U.S. adult use of the following types of consumer payment cards:
- Debit cards
- Credit cards
- Gift cards
- Prepaid cards
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