UK Digital Wallets 2024

As More Consumers Turn to Apple Pay, PayPal, and Other Players, How Should Retailers Respond?

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About This Report
Digital wallets are gaining share of retail transactions in the UK. Retailers that don’t accept them risk losing sales.
Table of Contents

Digital wallets are gaining share of retail transactions in the UK as consumers seek secure and frictionless payment options, both in-store and online. Retailers that don’t offer digital options risk losing sales.

Key Question: Why should UK retailers respond to the surge in digital wallet adoption?

Key Stat: More than half (53%) of UK consumers have recently purchased products online using PayPal, and 30% have used Apple Pay.

authors

Carina Perkins

Contributors

Suzy Davidkhanian
Principal Analyst, Retail & Ecommerce
David Morris
Principal Analyst
Amy Rotondo
Director, US Research
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