Digital payment methods continue to displace cash and checks in the US payments ecosystem. But after a pandemic-driven crest, growth is moderating amid economic uncertainty, resetting the stakes for share of wallet.
Digital payment methods, including cards and next-generation offerings, continue to displace cash and checks in the US. But after a pandemic-driven crest, growth is moderating amid economic uncertainty, resetting the stakes for share of wallet as noncard digital alternatives emerge.
3 KEY QUESTIONS THIS REPORT WILL ANSWER
What are the biggest consumer payment methods by volume and demand?
How are volume, adoption, and usage patterns changing within each segment?
What are the top trends impacting payment providers’ growth and revenue strategies in 2023?
WHAT’S IN THIS REPORT? We define and size major payment methods, offer growth insights and forecasts, and evaluate key trends affecting usage in the year to come.
KEY STAT: Consumer payment preference continues to move toward digital methods—with debit reigning supreme—but new methods are catching on and threaten to upend legacy providers.
Here’s what’s in the full report
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Table of Contents
Executive Summary
Key Points
Emerging Digital Payment Options Intensify Industry Competition
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