Trademagazin > News and articles > Market News > K&H: three-quarters of young people with a bank connection use a credit card
K&H: three-quarters of young people with a bank connection use a credit card
78 percent of 19-29-year-olds with banking connections use some form of credit card, but only 38 percent and 45 percent use Internet banking or mobile banking services, respectively, K&H told MTI on Monday.

More than 3/4 of young people with bank connections use a credit card
In its third-quarterly survey K&H highlights that half of young people spend an average of 66,000 HUF a month via electronic means of payment.
96 percent of young people are connected to a bank, while nearly half of the age group (49 percent) prefer to use cash. (MTI)
Related news
K&H: collaboration with the capital in the name of climate neutrality
Budapest Metropolitan Municipality and K&H Bank have signed a Memorandum…
Read more >Spanish Food E-Commerce Market Set To Recover In 2025
The Spanish e-commerce market for food and hygiene products is…
Read more >German consumers Rarely Shop via Social Media
German consumers remain skeptical about shopping through social media, according…
Read more >
More related news >
Related news
Nestlé cuts jobs at Czech factory amid falling demand for plant-based meat
Nestlé is to cut 80 jobs from its Krupka plant…
Read more >Sainsbury’s To Launch Unified Retail Media Platform, Nectar360 Pollen
UK retailer Sainsbury’s has announced plans to launch Nectar360 Pollen,…
Read more >What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >