Trends Report

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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