Europe's Prefered Online Payment Method

The most preferred way for consumers in Europe to make online payments is still credit cards. While credit cards are still popular, e-wallets and other payment methods are on the rise because they are easier to use and oftentimes more reliable.

Credit cards accounted for the largest share of transaction in Europe in the last quarter with digital wallets in second place. Credit cards were the most popular choice among consumers although it did vary slightly by country. Card payment growth was up in the UK thanks to online payment methods. Customers in France were choosing credit cards first while payment methods like PayPal and Neteller were second in popularity. The two most popular payment methods in Spain were credit card and Pay Pal. Credit cards dominated the use in Sweden, Denmark and Norway. That was not the case in Finland as online bank transfers were the most popular online payment method.

There are a lot of online payment methods that continue to be reliable in addition to credit cards and many of them are easier to use and some are more cost effective. Some of those options include Neteller, Skrill, EntroPay, ecoPayz, Click2Pay, Paysafe, ClickandBuy, Ukash and the always reliable wire transfers from companies like Western Union and MoneyGram.

Check out some of these online payment methods today.