A miniscule portion of consumers plan to use checks to pay for their holiday gifts this season, but almost half plan to use "emerging payment methods" such as PayPal, Apple Pay or Venmo, according to new data from the National Retail Federation.
Highlighting the massive shift in consumer payments habits over the last few decades, the data showed that just 2% of shoppers planned to pay for their purchases with checks but far more (44%) said they planned to use more modern methods, such as PayPal (35%) (35%), Apple Pay (8%), Samsung Pay (5%), Google Pay (5%) or Venmo (4%).
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