"Consumers increasingly expect to use the payment method of their choice, including digital wallets on their smartphones, contactless cards, and wearable payment devices. The Discover® Network commissioned 2025 Payments State of the Union research found that 61% of consumers had used a digital wallet in the previous 90 days, and 35% had used a BNPL service."
"Many consumers also expect to use A2A payment tools like Zelle, PayPal, Venmo, WeChat Pay, Alipay, and Cash App to make purchases, not just transfer money between individuals. McKinsey's 2025 Global Payments Report notes that the popularity of A2A payments is on the rise, especially through digital wallets."
"Seven in 10 (70%) merchants now recognize that offering a wide variety of payments options is important to the success of their business, another finding from the 2025 Payments State of the Union research."
"For merchants looking to create seamless omnichannel experiences that support a variety of payment options, composable commerce technology provides the behind-the-scenes functionality that enables consumers to shop online and pay with their preferred method."
Consumers now have numerous payment options, including digital wallets, BNPL, and A2A payments. Research shows 61% of consumers used digital wallets recently, while 35% utilized BNPL services. A2A payment tools are increasingly popular for purchases, with significant adoption in countries like Poland and the Netherlands. Merchants recognize the importance of offering various payment methods, with 70% acknowledging its impact on business success. Composable commerce technology supports merchants in creating seamless omnichannel experiences that cater to consumer preferences in payment methods.
Read at Payments Dive
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