Credit cards remain king of the payment castle, even on the internet, according to a new survey conducted by WorldPay.

Nearly seven in 10 consumers (69 percent) prefer paying with their credit cards at digital point-of-sale terminals. PayPal and debit cards followed at distant second and third places, coming in at 40 and 37 percent, respectively. Shoppers were allowed to choose more than one type of payment for the survey.

Additionally, the survey found that American consumers spend 23 percent of their disposable income shopping online, further illustrating the importance of ecommerce to any retail operation.

"Among U.S. consumers who had made an online purchase through a mobile device within the three-month period prior to the March survey, 53 percent used a smartphone or tablet to purchase clothes, 46 percent to buy books and 42 percent DVDs or online games," Internet Retailer reports, citing the research.

According to separate data from comScore, ecommerce spending has experienced double-digit increases for the past eight quarters. If retailers don't have an online website, they are likely losing out on some key sales.

This entry was posted by Retail Pro on Tuesday, May 1st, 2012 at 2:09 am .