LONDON—Smartphone payments such as Apple and Google Pay were used for more online purchases last year in Britain than physical debit cards, a new report reveals.
Mobile wallet payments were used for just under a third of all online transactions in 2020, with debit cards used for 29%, according to payment processor Worldpay.
Cards were the most popular method for in-person purchases, accounting for 49%, with physical cash comprising just 13% and the likes of Apple Pay just 8%.
Worldpay also found mobile wallets were the most popular way of buying things online in France, Germany, Russia, and Spain, This is Money noted in its analysis.