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Transaction payment instruments used at least weekly in North America 2020

Payment instruments used most frequently to complete transactions in North America in 2016 and 2020

The data describes the payment instruments used to complete transactions at least weekly in North America in 2015 and a forecast for 2020. Cash proved to be the most popular payment means both in 2016 and 2020, however, the share of respondents willing to pay for their transactions with cash declined from 60% in 2016 to 56% in 2020.

Cash 60 56
Debit card 58 55
Credit Card 53 54
Check 20 19
Prepaid/gift card 13 16
PayPal 18 23
Mobile payment apps by retailers, restaurants or others 16 21
Mobile wallet by card networks 14 22
Bank branded mobile wallet 14 19
Mobile wallet apps by tech giants 13 21
Digital currency 9 12

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