Use of online payment methods in Europe 2019
One out of five Europeans preferred to use Fintech payment applications for their online purchases in 2019. This according to a survey held in six different countries, which asked consumers whether they used several payment methods in online stores. Debit cards ranked as the most popular online payment method, with Apple Pay and Google Pay being used by roughly three percent of respondents. There is little comparable data in Europe when it comes to mobile payment methods or so-called e-wallets. Many agree they will grow in size and importance in Europe, but their exact market size as of 2019 or 2020 is difficult to establish.