The State of Alternative Payments In US Retail

May 4th, 2020

Summary

We reviewed 100 US retailers across several categories to evaluate the current state of alternative payments acceptance; the evaluation covered 10 alternative payment methods, including digital payments and installment plans. PayPal is the most accepted digital payment type, with 83% of the retailers we evaluated offering it; Apple Pay is the second-most popular digital payment method among the retailers we evaluated. Installment payments are a growing trend in US retail payments. Some retailers are breaking alternative payments free from the confines of the checkout page to promote their availability and encourage consumers to convert.

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