According to a poll from the USA Bank, 47% of consumers prefer digital methods of payments
|
Almost one-half of Americans prefer digital payments instead of cash |
By increasing access to P2P payments, consumers from unlike historic menses groups instantly prefer to purpose mobile applications, rather than cash, when they pay to other people.
According to a recent survey conducted past times the USA Bank, 47% of consumers reported that they select digital applications for making payments, spell 45% of respondents prefer cash.
It is noteworthy that digital payments are preferred for 49% of polled millennials (19-36 years), 44% of representatives of generation X (37-52 years) together with 32% of infant boomers (53-71 years).
The survey besides establish that consumers create non ship large amounts of cash alongside them, because they create non oft purpose them for payments. In general, 50% of respondents reported that inwards most cases they create non ship cash at all. In other cases, close one-half of the respondents convey no to a greater extent than than $ xx inwards their hands, together with 76% - no to a greater extent than than $ 50.
Moreover, 46% of Americans country they purpose cash less than 8 days a month, together with 5% country they never purpose it at all.
Source:
businesswire.com