CHART: Most Popular Online Payment Methods in 2024

Gone are the days of waiting in line and fumbling with cash registers. The e-commerce landscape is changing, and with it the way we shop and the payment methods that power these transactions.

Now consumers are increasingly turning to online platforms for their shopping needs with global online sales expected to reach a mammoth $6.5 trillion in 2024, according to eMarketer.

This shift has prompted an increasing demand for convenient, secure, and one-click payment solutions, meaning e-commerce businesses that want to thrive need to offer several payment options that cater to today's tech-savvy consumers.

This article dives into the top online payment methods, according to data from Worldpay that have become the go-to for global consumers in 2023, providing valuable insights for businesses looking to optimize their checkout experiences.