Israel: least used payment methods among individuals

In July 2022, digital wallets were the least used payment method in Israel, with almost 60 percent of respondents indicating they do not tend to use them. It was followed by paper checks which were avoided by over 50 percent of people. Lastly, the study found that almost 46 percent of respondents preferred not to use other payment apps.

'Payment methods I do not tend to use' respondents in Israel in July 2022, by share

Characteristic	Share of respondents
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Release date

January 2024

More information

Region

Israel, MENA

Survey time period

July 2022

Number of respondents

1,200 respondents

Age group

18-74 years

Special properties

respondents who are connected to the internet

Method of interview

Online survey

Supplementary notes

Participants were asked to indicate how they would prefer to use payment methods in various scenarios—such as as payment recipients, as payers, in different payment situations, for specific payment amounts, and so on. Respondents were a representative sample of the population aged 18-74 who are connected to the internet.

'Digital wallet' refers to an online platform that replicates the functionality of a physical wallet, enabling users to store funds for future use and, in some cases, keep digital versions of items like tickets, licenses, or passes.

'Payment app' refers to a mobile application that facilitates financial transactions as an intermediary, with some apps offering wallet-like features to store money temporarily.

'Other payment apps' refer to payment applications that are not part of the major or most widely used platforms. It could include smaller, regional, or specialized apps. In this survey, there was a relevant app for each sample.

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