Online shoppers are met with a number of different payment methods to choose from when checking out. However, a new study by Merchant Machine set out to find the most popular payment methods around the world and found that Apple Pay is the fifth most popular payment option worldwide.
The study analyzed data from the top one million most-visited websites. Apple Pay ranks fifth behind only major credit/debit card companies – Visa, MasterCard, and American Express – and PayPal. Based on data that reflects how shoppers choose to pay on the internet’s one million most visited websites, most of the world will choose Visa, the most popular payment method in 67 countries. One such country is the United States, where you’ll find one in three of the world’s Visa credit cards.
However, based on how the world likes to shop on the one million most visited websites, the payment services of tech behemoths Apple (7.37% of the market), Amazon (6.04%) and Google (4.3%) are used widely, as well as Shopify (5.17%), Stripe (3.89%) and Venmo (2.61%).
