Most used e-commerce payment methods in the UK 2016-2023, with 2027 forecast
BNPL became more common in the United Kingdom for online shopping, although it was not as popular as credit cards were. Indeed, a comparison between preferred payment methods in the UK across several years reveals that debit cards remained relatively unchanged in their popularity. Other payment methods - mobile wallets and credit cards, especially - saw increasing use. Credit cards, for example, was a growth of ten percentage points between 2016 and 2021 - highlighting an increasing demand for credit whilst purchasing goods online.
