Cards Are the Most Preferred Online Payment Method For The USA Online Shoppers With a Rate of 71.5%, 2018 | MasterCard
E-Commerce & Retail | USA
A payment gateway refers to the software that processes online payments, such as credit card processors and digital wallets. E-commerce platforms like BigCommerce incorporate payment gateways into their systems to provide a way to collect payments online. “Payment method” refers to the choices provided to shoppers at checkout. For example, the option to pay with a credit/debit card or a PayPal account is a payment method, and the actual processing is done by the payment gateway.
Take a glance at the most preferred online payment methods of the USA online shoppers:
- Cards are ranked as the first preferred online payment method for the USA online shoppers with a rate of 71.5%.
- E-wallets are ranked as the second online shoppers preferred payment method with a rate of 17.6%.
- Direct debit comes at next as a preferred online payment method with a rate of 1.9%.
A Graph Shows The Preferred Online Payment Methods in The USA, 2018.
Mastercard
Financial Services
Mastercard (NYSE: MA), is a technology company in the global payments industry. Mastercard's global payments processing network connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. The company products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.
