Gen Z online payment methods, by activity 2024| ��ƽ��

Share of Gen Z consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024

Characteristic	For the majority of your payments	For a gaming payment	For gambling	For travel	For hospitality	For leisure	For e-commerce	For cryptocurrency
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Source

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Release date

August 2024

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Region

Worldwide, Argentina, Austria, Brazil, Bulgaria, Canada, Chile, Colombia, Ecuador, Germany, Italy, Mexico, Peru, United Kingdom, United States

Survey time period

May to June 2024

Number of respondents

2,448 respondents

Age group

18-27 years old

Special properties

Consumers; The source did not include survey respondents from the Asia-Pacific region, Africa, or the Middle East.

Method of interview

Online survey

Supplementary notes

The source phrased the question as follows: "Which of the following payment methods have you used in the past month when making payments online for each of the following?"

The results have been weighted to represent the entire population.

Citation formats

Debit cards and credit cards remained popular online payment methods for Gen Z in early 2024, with **** out of 10 respondents using it for either online shopping or travel. This is according to a survey held in 14 different countries across North America, Europe, and Latin America. This might sound surprising, especially given that forecasts predict a growing importance of wallets in e-commerce by 2027. It should be noted, however, that digital wallets in 2024 are mostly associated with Asia-Pacific. Indeed, the countries within this particular survey have a relatively strong payment card presence. That said, according to the results of the source, younger consumers show a demand for variety in the online payment methods available to them.