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70% of Shoppers Prioritize Payment Method When Deciding Where to Shop

Summary by PYMNTS.com
Online businesses are grappling with a pervasive problem that costs them sales: the abandoned shopping cart. [contact-form-7] A recent report titled “How Preferred Payment Availability Can Reduce Cart Abandonment” by PYMNTS Intelligence sheds light on the challenge faced by online marketplaces, retailers’ sites and brands’ sites: Consumers frequently abandon their shopping carts. The February 2024 report, explores how online shopping pr…
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PYMNTS.com broke the news in on Friday, June 20, 2025.
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