Most used payment methods at POS of different age groups in the Netherlands 2019

Do young people in the Netherlands still pay with cash? In 2019, young adults aged 19 to 24 years old, were most inclined to use electronic payment methods: 57 percent of all their POS transactions were contactless. Almost half of all payments done by 12-to-18-year-olds were done with cash money. The source, however, does not distinguish further within this age bracket. One can therefore wonder whether a 17-year-old still used as much cash money as a 12-year-old. As Dutch teenagers grew older, for example, they started to use more online banking functions.

Distribution of total (points of sales) POS payments in the Netherlands in 2019, based on transaction number per age group

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Sources

Release date

April 2020

Region

Netherlands

Survey time period

2019

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Statistics on "Payments in the Netherlands"

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