Forrester’s knowledge reveals that digital funds is probably the most used cost methodology within the US at the moment. In 2023, 69% of US on-line adults mentioned that they’d used a digital cost methodology over the previous three months to make a purchase order. That’s effectively forward of the simply over half of on-line adults who used a bank card or who used money. That mentioned, it’s essential to keep in mind that playing cards typically are the underlying cost instrument in rising digital cost situations.

So what digital cost strategies are customers utilizing? PayPal continues to be probably the most used digital cost methodology within the US. In 2023, 40% of US on-line adults used PayPal over the previous three months to make a purchase order. However its shopper adoption price has hovered round 40% since 2019. Against this, solely 24% of US on-line adults have used Apple Pay just lately to make a purchase order, however Apple Pay’s adoption has greater than doubled since 2019. In the meantime, adoption for every of the “purchase now, pay later” leaders continues to be within the single digits, regardless of their prevalence on retailer checkout pages.

To dive into extra evaluation and see the main points, see our newest report on The State Of The US Shopper And Funds. Forrester purchasers may also join with us through inquiry or steering periods.