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Payment methods in Israel
Asia
4methods
2banks
Each year, the average Israeli online shopper spends US$762 with e-commerce merchants, rising to US$1,022 by 2027.
Market takeaways
- Each year, the average Israeli online shopper spends US$762 with e-commerce merchants, rising to US$1,022 by 2027.
- Israelis pay for almost a third of all online transactions using digital payment methods, with e-wallets the overwhelming favorite.
- Online shoppers in Israel complete almost 40% of their e-commerce purchases using a mobile device such as a smartphone or tablet.
- Almost 10% of all retail purchases in Israel are made online, a figure that has remained constant over the last few years.
- The Israeli e-commerce market is worth US$7 billion today. By 2027, it will have grown in value to US$11 billion.
Population
9.6M
Online population
9.3M
B2C e-commerce
$6.6B
Banked population
95%
Credit card population
75%
E-commerce of total retail
9%
Payment method breakdown
- Card71%
- Cash0%
- Bank Transfer1%
- E-Wallet26%
- Other2%
Card scheme breakdown
- Visa37%
- Mastercard26%
- American Express6%
- Local schemes16%
- Other15%
Cross-border e-commerce
Market data coming soon.
Featured payment methods in Israel
Popular options based on coverage and prominence in this market.
Bit
Bank Hapoalim's app offering P2P, bill splitting, business payments and e-commerce integration
PayBox
Social payment app enabling instant transfers, group collections and QR payments; offers a digital card
PayPal/Apple Pay/Google Wallet
International wallets widely accepted; digital wallets make up 26% of e-commerce spending
Pepper Pay
Bank Leumi's payment app allowing users from any bank to send/receive money via contacts
All payment methods in Israel
Discover 4 payment methods from around the world
Showing 4 of 4 payment methods
Featured banks in Israel
Major institutions operating in this market.
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