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Payment methods in Israel
Asia
4methods
2banks
Each year, the average Israeli online shopper spends US$762 with e-commerce merchants, rising to US$1,022 by 2027.
Market takeaways
- Each year, the average Israeli online shopper spends US$762 with e-commerce merchants, rising to US$1,022 by 2027.
- Israelis pay for almost a third of all online transactions using digital payment methods, with e-wallets the overwhelming favorite.
- Online shoppers in Israel complete almost 40% of their e-commerce purchases using a mobile device such as a smartphone or tablet.
- Almost 10% of all retail purchases in Israel are made online, a figure that has remained constant over the last few years.
- The Israeli e-commerce market is worth US$7 billion today. By 2027, it will have grown in value to US$11 billion.
Population
9.6M
Online population
9.3M
B2C e-commerce
$6.6B
Banked population
95%
Credit card population
75%
E-commerce of total retail
9%
Payment method breakdown
- Card71%
- Cash0%
- Bank Transfer1%
- E-Wallet26%
- Other2%
Card scheme breakdown
- Visa37%
- Mastercard26%
- American Express6%
- Local schemes16%
- Other15%
Cross-border e-commerce
Market data coming soon.
Featured payment methods in Israel
Popular options based on coverage and prominence in this market.
PayPal/Apple Pay/Google Wallet
International wallets widely accepted; digital wallets make up 26% of e-commerce spending
PayBox
Social payment app enabling instant transfers, group collections and QR payments; offers a digital card
Pepper Pay
Bank Leumi's payment app allowing users from any bank to send/receive money via contacts
Bit
Bank Hapoalim's app offering P2P, bill splitting, business payments and e-commerce integration
All payment methods in Israel
Discover 4 payment methods from around the world
Showing 4 of 4 payment methods
Featured banks in Israel
Major institutions operating in this market.
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