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Payment methods in Israel

Here are the top takeaways you need to know about the Israeli e-commerce market:

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.

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Population

Online Population

B2C E-commerce

Banked Population

Credit Card Population

E-commerce of Total Retail

Payment Method Breakdown

Card 71%
Cash 0%
Bank Transfer 1%
E-Wallet 26%
Other 2%

[{"label":"Card","value":"71"},{"label":"Cash","value":"0"},{"label":"Bank Transfer","value":"1"},{"label":"E-Wallet","value":"26"},{"label":"Other","value":"2"}]

Card Scheme Breakdown

Visa 37%
Mastercard 26%
American Express 6%
Local schemes 16%
Other 15%

[{"label":"Visa","value":"37"},{"label":"Mastercard","value":"26"},{"label":"American Express","value":"6"},{"label":"Local schemes","value":"16"},{"label":"Other","value":"15"}]

Cross-Border E-Commerce

Online shoppers who have shopped cross-border

N/A

Cross-border proportion of total e-commerce

N/A $US

Value of cross-border e-commerce

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Top cross-border shopping origin markets