New Data Shows Consumers Are Buying Less, Spending More and Changing Habits

Digital Economy Payments: How Consumers Pay In The Digital World - April 2022

Consumers are not only getting less for their money when they shop due to inflation, they’re also shopping less often. The PYMNTS March “Digital Economy Payments Report” surveyed 3,017 U.S. consumers to understand how inflation is influencing their spending behaviors and habits.

Inside the April Report

42%: Share of grocery sales made using debit cards in March
78%: Portion of consumers in March who experienced payment card fraud in an online store
31%: Share of consumers who made P2P payments in March