Mobile wallets: who are most likely to use them?

 

During the coronavirus pandemic, the popularity of mobile wallets surged. More and more people have discovered the convenience of these innovative payment solutions. It is expected that even after the lockdown, they will keep using these settlement methods. Moreover a study revealed that they are more popular among younger customers. Called ‘Future of Money’, it showed that 48% of its Gen Z respondents would be extremely or very interested in using a mobile wallet. When it comes to millennials, this number rose to 61%.


Mobile wallets are more popular among younger customers © Royalty-free image


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