Biometric payment preference in Sweden 2023| ��ƽ��

Share of respondents in Sweden who prefer to pay with biometric payment authentication over cash, card, mobile phone, or smartwatch from 2nd quarter of 2022 to 2nd quarter of 2023

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Source

Release date

September 2023

More information

Region

Sweden

Survey time period

Q2 2023

Number of respondents

1,000+ per country

Age group

18-77 years

Special properties

Physical means of payment consumers prefer to pay with if all payment methods were available

Supplementary notes

The source adds a total of 19,293 consumers were surveyed and this includes both Klarna users and users who did not use Klarna. It also adds that sample sizes were nationally representative.

The source does not specify the survey method used.

The source adjusts categories like Millennials as they grow older. The age groups are as follows:

Gen Z: 18-24 years for 2022, 18-26 for 2023;
Millennials: 25-40 years for 2022, 27-42 for 2023;
Gen X: 41-56 years for 2022, 43-58 years for 2023;
Baby boomer: 57-75 years for 2022, 59-77 for 2023.

Citation formats

The preference of Swedish Gen Z to use biometric authentication for payments over other options available to them was higher than among Millennials. This is according to a survey held among consumers ages 18 to 75. "Biometric payments" is a term that captures any POS payment performed using a person's physical traits. This can include iris scanning or speech recognition, but often refers to facial recognition and fingerprint scanning. The source claims the use of biometric payment is "on the horizon", although it does not specify which type of biometric authentication it refers to here.