Mastercard survey shows global surge in digital payments
Mastercard Inc. released a study showing consumers worldwide are using contactless and other digital payments at record levels and moving away from cash due to concerns about COVID-19.
The Mastercard research shows that nearly seven in 10 consumers globally expect to shift towards digital payment use on a permanent basis, while nearly half of consumers plan to reduce their use of cash, even after the pandemic threat subsides.
The report shows that 64% of consumers in Europe say that tap-and-go is their preferred payment method, while two-thirds of consumers in Latin America say they will use cash less often and 46% of consumers in the Asia Pacific region have reduced their cash use.
Retail Customer Experience
Related news
This is how the Hungarian fans spent at the venues of the national team’s matches
The cities of the European Football Championship in Germany devoted…
Read more >Domestic slowdown vs. soaring Temu
NorbertAccording to GKID and Mastercard’s Digital Commerce Survey 2024 report,…
Read more >GKID eTOPLISTA 2023: Unchanged leading position, changing balance of power
Since 2015, GKID has been creating public rankings of online…
Read more >Related news
Coca-Cola Hungary has developed new educational modules on waste circulation
After the online curriculum on the basics of the circular…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Private brands make record gains in first half of year
Private label products reached new heights in the first half…
Read more >