+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here's Where Americans Shopped The Most In 2014

Dec 31, 2014, 00:30 IST

With 16 million users, money management app Mint has a pretty good idea of where Americans spend their money.

Advertisement

It's on Amazon.

According to the transactions made in Mint.com accounts in 2014, it looks like shoppers frequented Amazon more than anywhere else in the country, collectively logging more than 89 million separate payments.

That's significantly more than the next-most popular retailers, Walmart (about 80 million) and McDonald's (about 70 million).

Here's the complete list of the top 10, in descending order:

Advertisement

It's worth noting that transactions attributed to PayPal don't denote a specific retailer's popularity (since PayPal can coordinate payments for everything from new curtains to charitable contributions), but do speak to the popularity of the payment platform among online retailers.

Aside from that, the only retailers on the list that are exclusively online are Amazon and iTunes.

When you sort the data by how much money shoppers spend in a single average transaction at each, however, you'll see that PayPal comes out in the lead, followed closely by Target. Consumers spent significantly less per transaction at iTunes, Starbucks, and McDonald's, which close the list:

Advertisement

Here's the complete data, sorted by number of transactions, and including total spending at each merchant:

Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article