Payment methods in United States
The average American online shopper spends US$2,926 a year with e-commerce merchants. The entire e-commerce market is worth almost US$1 trillion.
Market takeaways
- The average American online shopper spends US$2,926 a year with e-commerce merchants. The entire e-commerce market is worth almost US$1 trillion.
- Between 2020 and 2022, the proportion of e-commerce transactions Americans paid for using cards dropped from 59% to just 50%.
- Americans complete 47% of their online purchases using a mobile device such as a tablet or smartphone.
- US online shoppers spend US$130 billion a year with merchants based outside of the country, up from US$106 billion in 2020.
- By 2027, the American e-commerce market will be worth almost US$1.5 trillion and the average US online shopper with spend US$4,215 a year with e-commerce merchants.
Population
340M
Online population
315.2M
B2C e-commerce
$819B
Banked population
98%
Credit card population
69%
E-commerce of total retail
17%
Payment method breakdown
- Card50%
- Cash1%
- Bank Transfer9%
- E-Wallet32%
- Other8%
Card scheme breakdown
- Visa59%
- Mastercard26%
- American Express8%
- Local schemes4%
- Other3%
Cross-border e-commerce
Cross-border shoppers
41%
Share of e-commerce
16%
Cross-border value (est.)
$130B
Featured payment methods in United States
All payment methods available in this market, sorted by prominence.
PayPal
Global digital wallet and checkout provider with broad e-commerce coverage.
Apple Pay
Apple digital wallet for secure in-store, in-app, and web payments with tokenization.
Bank Transfer (Internet & Mobile Banking)
Generic online and mobile bank-transfer methods (internet banking, e-banking, EFT and interbank transfers). Customers pay directly from their bank account via their bank's own online/mobile banking portal. Implementation and rails differ by country, but the consumer flow is a standard account-to-account bank transfer.
Google Pay
Google wallet for quick checkout with encrypted credentials in app and web contexts.
Afterpay
Leading Australian BNPL service splitting purchases into four interest-free installments online and in-store. Operator: Afterpay (Block, Inc.). Est. users: 3.5 million active AU users (2024).
Click to Pay
Click to Pay is the EMVCo industry-standard secure online checkout letting shoppers pay with enrolled Visa, Mastercard, American Express, Discover, JCB and UnionPay cards without re-entering card details. Operator: EMVCo (global card networks). Est. users: hundreds of millions of enrolled cards (2024).
Amazon Pay
Lets shoppers use their stored Amazon account credentials and payment methods to check out on third-party sites. Operator: Amazon Japan G.K.. Est. users: Tens of millions of users (2024).
Venmo
PayPal-owned US social payments wallet for P2P and online/in-store checkout. Operator: PayPal Holdings Inc.. Est. users: ~107 million users (2025).
Affirm
US installment-lending BNPL provider offered at online and in-store checkout. Operator: Affirm Inc.. Est. users: ~25.8 million active consumers (2025).
Paze
US bank-consortium online checkout wallet that loads consumers' existing bank cards for card-free e-commerce. Operator: Early Warning Services LLC. Est. users: ~150 million enrolled card accounts (2025).
Sezzle
US/Canada interest-free installment BNPL provider at online checkout. Operator: Sezzle Inc.. Est. users: Several million active users (2025).
Cash App
Block's US mobile wallet for P2P, Cash Card spending and online checkout (Cash App Pay). Operator: Block Inc.. Est. users: ~54-58 million monthly active users (2025).
Klarna
Swedish buy-now-pay-later and pay-now checkout option offering interest-free instalments and deferred payment online. Operator: Klarna Bank AB. Est. users: 93M consumers (2024).
Neteller
Neteller is a global digital wallet for online payments and money transfers, popular in iGaming and forex, run alongside Skrill. Operator: Paysafe Limited. Est. users: millions of accounts (2024).
PayPal Pay Later
PayPal Pay Later (including PayPal Credit) is PayPal buy-now-pay-later, letting shoppers split into installments or defer payment at checkout wherever PayPal is accepted. Operator: PayPal. Est. users: tens of millions (2024).
Skrill
Skrill is a global digital wallet widely used for online payments, money transfers, iGaming and forex, accepted at e-commerce checkouts in 100+ countries. Operator: Paysafe Limited. Est. users: tens of millions of accounts (2024).
Splitit
Splitit is a card-based installment BNPL that lets shoppers split purchases using the existing limit on their credit card with no new loan or application. Operator: Splitit Payments Ltd. Est. users: deployed across thousands of merchants (2024).
Wise
Wise (formerly TransferWise) is a multi-currency account and debit card; consumers pay online via the Wise card or balance, and it is offered as a checkout option at some merchants. Operator: Wise plc. Est. users: ~12.8 million active customers (2024).
Zelle
US bank-owned instant P2P transfer network embedded in banking apps. Operator: Early Warning Services LLC. Est. users: ~151 million enrolled users (2025).
Samsung Pay
Samsung's smartphone wallet supporting tap-to-pay and online payments, widely used in Korea. Operator: Samsung Electronics Co., Ltd.. Est. users: Tens of millions of users (2024).
ACH transfers / e-Checks
ACH transfers are electronic bank-to-bank transactions (credit or debit) and e-checks processed over the ACH network. They are cheaper than wire transfers and offer a safe, reliable way to pay for large purchases or when customers prefer not to use cards
Pay-by-Bank (A2A)
Pay-by-Bank refers to account-to-account payments that move funds directly from the payer's bank to the merchant's bank. It is considered a secure, cost-efficient alternative to cards and cash, although adoption is still low (about 11% of U.S. adults have used open-banking transactions)
Featured banks in United States
All banks operating in this market, sorted by prominence.
HSBC Hong Kong
Hong Kong
HSBC is Hong Kong's largest bank and the note-issuing bank of the territory, offering retail, commercial, private, and investment banking.
HSBC Holdings
London, United Kingdom
HSBC is one of the world's largest banks by assets, headquartered in London with a dominant presence in Asia. It offers retail, commercial, and investment banking in over 60 countries.
Industrial and Commercial Bank of China (ICBC)
Beijing, China
ICBC is the world's largest bank by total assets and the largest of China's 'Big Four' state-owned banks. It offers retail, corporate, and investment banking globally.
JPMorgan Chase
New York, United States
JPMorgan Chase is the largest US bank and one of the world's largest financial institutions, offering consumer banking, investment banking, commercial banking, and asset management globally.
Commonwealth Bank of Australia (CBA)
Sydney, Australia
CBA is Australia's largest bank by market capitalisation and retail deposits, offering retail, SME, corporate, and institutional banking.
Bank of America
Charlotte, United States
Bank of America is the second-largest US bank by assets, providing consumer banking, wealth management (Merrill Lynch), and global banking and markets services worldwide.
BNP Paribas
Paris, France
BNP Paribas is France's largest bank and a global top-10 financial institution, providing retail, corporate, and investment banking, insurance, and asset management across 65 countries.
UBS Group
Zurich, Switzerland
UBS Group is Switzerland's largest bank and one of the world's premier wealth managers. Following its acquisition of Credit Suisse in 2023, UBS now manages over $5 trillion in invested assets globally.
Royal Bank of Canada (RBC)
Toronto, Canada
Royal Bank of Canada (RBC) is Canada's largest bank by market cap and assets, providing personal, commercial, corporate, and investment banking in 36 countries.
China Construction Bank (CCB)
Beijing, China
China Construction Bank is China's second-largest bank, specialising in infrastructure lending, housing finance, and corporate banking. It is one of the four largest banks in the world.
Bank of China (BOC)
Beijing, China
Bank of China is China's most internationally active bank, specialising in foreign exchange and cross-border trade finance. It is one of the Big Four state-owned banks.
Citigroup (Citi)
New York, United States
Citigroup (Citi) is a global diversified financial services holding company, operating in 160+ countries. It is known for its institutional banking, treasury services, and consumer banking across emerging markets.
Banco Santander
Santander, Spain
Banco Santander is Spain's largest bank and one of the world's top 10 financial institutions by market cap. It serves 160 million customers in Europe, North America, and Latin America.
MUFG (Mitsubishi UFJ Financial Group)
Tokyo, Japan
MUFG is Japan's largest bank and one of the world's largest financial groups, offering retail, corporate, investment, and trust banking globally.
SMFG (Sumitomo Mitsui Financial Group)
Tokyo, Japan
SMFG is Japan's second-largest banking group, with operations in retail, corporate, investment, and consumer finance.
BBVA
Bilbao, Spain
BBVA is Spain's second-largest bank with a major presence in Mexico, South America, Turkey, and the USA. It is known for its digital banking leadership.
ANZ Banking Group
Melbourne, Australia
ANZ is Australia's third-largest bank, with a strong institutional banking franchise and significant presence across Asia-Pacific and New Zealand.
Westpac Banking Corporation
Sydney, Australia
Westpac is Australia's oldest bank, offering retail, SME, corporate, and institutional banking with a strong presence in New Zealand.
NAB (National Australia Bank)
Melbourne, Australia
NAB is Australia's fourth-largest bank, focusing on SME and corporate banking, with retail operations and a strong agribusiness franchise.
Goldman Sachs
New York, United States
Goldman Sachs is a leading global investment bank, providing investment banking, securities, asset management, and consumer banking (Marcus). It is a premier advisory firm for corporations and governments.
Morgan Stanley
New York, United States
Morgan Stanley is a global investment bank and wealth management firm, providing institutional securities, investment management, and wealth management services worldwide.
Emirates NBD
Dubai, UAE
Emirates NBD is Dubai's largest bank, offering retail, SME, corporate, and private banking with a strong regional and global presence.
First Abu Dhabi Bank (FAB)
Abu Dhabi, UAE
FAB (First Abu Dhabi Bank) is the UAE's largest bank and one of the largest in the Middle East, formed from the 2017 merger of FGB and NBAD.
Toronto-Dominion Bank (TD)
Toronto, Canada
TD Bank Group is Canada's second-largest bank with a major US retail banking franchise and strong domestic operations.
ICICI Bank
Mumbai, India
ICICI Bank is India's second-largest private sector bank, offering retail, SME, corporate, and investment banking services.
Itaú Unibanco
São Paulo, Brazil
Itaú Unibanco is Latin America's largest bank by assets, formed from the 2008 merger of Itaú and Unibanco. It offers retail, SME, corporate, and investment banking.
State Bank of India (SBI)
Mumbai, India
State Bank of India is India's largest bank by assets, deposits, and branches, a state-owned institution offering retail, SME, corporate, and international banking.
China Merchants Bank (CMB)
Shenzhen, China
China Merchants Bank is China's top joint-stock bank, known for its retail banking innovation, credit cards, and wealth management.
Wells Fargo
San Francisco, United States
Wells Fargo is the third-largest US bank by assets, focused on retail banking, commercial banking, and wealth management with a coast-to-coast US branch network.
Barclays
London, United Kingdom
Barclays is a British multinational investment bank and financial services company, operating retail banking in the UK and Ireland, and investment banking globally through Barclays Bank.
DNB Bank
Oslo, Norway
DNB is Norway's largest financial group and one of the largest in the Nordic region, offering retail, corporate, and investment banking, plus insurance and real estate services.
Mizuho Financial Group
Tokyo, Japan
Mizuho is Japan's third-largest banking group, offering corporate, investment, and retail banking, with strong trade finance and capital markets operations.
Bank of Montreal (BMO)
Montreal, Canada
Bank of Montreal is Canada's fourth-largest bank with a major US presence following the acquisition of Bank of the West.
Bradesco
Osasco, Brazil
Banco Bradesco is Brazil's second-largest private bank, offering retail, commercial, and investment banking as well as insurance through Bradesco Seguros.
Bangkok Bank
Bangkok, Thailand
Bangkok Bank is Thailand's largest bank by assets, offering retail, SME, and corporate banking with a strong regional network across ASEAN.
Banco do Brasil
Brasília, Brazil
Banco do Brasil is Brazil's largest state-owned bank and one of the largest in the country overall, with a focus on agribusiness, retail, and government banking.
Canadian Imperial Bank of Commerce (CIBC)
Toronto, Canada
CIBC is Canada's fifth-largest bank, offering personal, business, and investment banking.
BTG Pactual
São Paulo, Brazil
BTG Pactual is Brazil's largest investment bank and a leading asset manager in Latin America, offering investment banking, asset and wealth management, and corporate lending.
KB Kookmin Bank
Seoul, South Korea
KB Kookmin Bank is South Korea's largest bank, part of KB Financial Group, offering retail, corporate, and investment banking.
Rabobank
Utrecht, Netherlands
Rabobank is a Dutch cooperative bank and global leader in food and agribusiness financing. It is one of the most financially sound banks in the world.
Shinhan Bank
Seoul, South Korea
Shinhan Bank is part of Shinhan Financial Group, one of South Korea's leading banks with retail, corporate, and investment banking operations across Asia.
Bank of Communications (BoCom)
Shanghai, China
Bank of Communications is China's fifth-largest state-owned bank, offering retail, corporate, and investment banking services.
Riyad Bank
Riyadh, Saudi Arabia
Riyad Bank is Saudi Arabia's third-largest bank, offering retail, corporate, investment, and Shariah-compliant banking.
ABN AMRO
Amsterdam, Netherlands
ABN AMRO is the Netherlands' third-largest bank, focusing on retail, private, and corporate banking primarily in the Netherlands and Northwest Europe.
U.S. Bancorp (US Bank)
Minneapolis, United States
U.S. Bancorp is the fifth-largest US bank, offering retail, commercial, and corporate banking through its U.S. Bank brand across all 50 states.
Capital One Financial
McLean, United States
Capital One Financial is a major US bank known for its credit card business, retail banking, and auto financing. It completed its acquisition of Discover Financial in 2025.
Hana Bank
Seoul, South Korea
Hana Bank is part of Hana Financial Group, one of South Korea's top banks, known for its international reach and foreign exchange operations.
BNI (Bank Negara Indonesia)
Jakarta, Indonesia
BNI is Indonesia's third-largest state-owned bank, offering retail, commercial, and international banking services.
BDO Unibank Philippines
Manila, Philippines
BDO Unibank is the Philippines' largest bank by total assets, offering retail, corporate, and investment banking.
Bank of the Philippine Islands (BPI)
Manila, Philippines
BPI (Bank of the Philippine Islands) is the oldest bank in Southeast Asia, offering retail, commercial, and investment banking.
Deutsche Bank
Frankfurt, Germany
Deutsche Bank is Germany's largest bank and a leading global investment bank, offering corporate finance, capital markets, transaction banking, and wealth management.
Bank Hapoalim Israel
Tel Aviv, Israel
Bank Hapoalim is Israel's largest bank by assets and deposits, offering retail, SME, corporate, and investment banking.
Banco Sabadell
Sabadell, Spain
Banco Sabadell is Spain's fourth-largest bank, focused on SME and corporate banking, and owner of TSB Bank in the UK.
PNC Financial Services
Pittsburgh, United States
PNC Financial Services is one of the largest US diversified financial services companies, offering retail, commercial, corporate, and institutional banking across the US.
Vietcombank
Hanoi, Vietnam
Vietcombank (Bank for Foreign Trade of Vietnam) is Vietnam's largest bank by market capitalisation and a leading state-owned commercial bank.
Metrobank Philippines
Manila, Philippines
Metrobank (Metropolitan Bank and Trust) is the Philippines' second-largest bank, offering retail, commercial, and investment banking.
CTBC Bank
Taipei, Taiwan
CTBC Bank is Taiwan's largest private bank, known for retail, SME, and corporate banking with a growing pan-Asian footprint.
National Bank of Canada
Montreal, Canada
National Bank of Canada is Canada's sixth-largest bank with a strong presence in Quebec.
National Bank of Kuwait (NBK)
Kuwait City, Kuwait
NBK is Kuwait's largest bank and a major financial institution in the Middle East, offering retail, corporate, investment, and private banking.
Truist Financial
Charlotte, United States
Truist Financial is a top-10 US commercial bank formed from the 2019 merger of BB&T and SunTrust Banks, offering retail, commercial, and investment banking in the Southeast and Mid-Atlantic.
VietinBank
Hanoi, Vietnam
VietinBank (Vietnam Joint Stock Commercial Bank for Industry and Trade) is Vietnam's second-largest state-owned bank by assets.
Bank of Taiwan
Taipei, Taiwan
Bank of Taiwan is Taiwan's largest state-owned bank, acting as the government's fiscal agent and offering retail and corporate banking.
Natixis
Paris, France
Natixis is the corporate, investment, insurance, and financial services arm of Groupe BPCE. It provides capital markets, investment banking, and asset management globally.
Arab Bank Jordan
Amman, Jordan
Arab Bank is Jordan's largest bank and one of the oldest private sector banks in the Arab world, with operations in 30+ countries.
Access Bank Nigeria
Lagos, Nigeria
Access Bank is Nigeria's largest bank by customer base, following its merger with Diamond Bank, offering retail, SME, and corporate banking across Africa.
Habib Bank Limited (HBL)
Karachi, Pakistan
HBL is Pakistan's largest bank by assets, offering retail, SME, corporate, and international banking in 25+ countries.
National Bank of Pakistan (NBP)
Karachi, Pakistan
NBP is Pakistan's state-owned bank and the country's second-largest bank, offering retail, corporate, and government banking.
Banco Pichincha
Quito, Ecuador
Banco Pichincha is Ecuador's largest private bank, offering retail, SME, and corporate banking with extensive operations in the US, Spain, and other Latin American markets.
Andbank
Andorra la Vella, Andorra
Andbank is one of Andorra's largest private banks, offering wealth management and private banking internationally.
Other Banks — United States
Washington D.C., United States
Aggregate of all remaining banks in United States, collectively ~32.4% of domestic banking assets.
Mercantil Banco Universal
Caracas, Venezuela
Mercantil Banco Universal is Venezuela's largest private bank, offering retail and corporate banking with operations in the US.
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