Preferred mode of payment since COVID-19 India 2020

Published by A. Minhas, Mar 17, 2022
According to a survey conducted in 2020 to analyze the changing consumer sentiments concerning the COVID-19 pandemic in India, 85 percent of the respondents preferred to use contactless modes of payment. Online digital transfers via Unified Payments Interface (UPI) and online wallets were the choice of the majority of consumers.

Preferred mode of payment since the coronavirus (COVID-19) pandemic across India in 2020

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Source

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Release date

July 2020

Region

India

Survey time period

May 18 to June 7, 2020

Number of respondents

2,376 respondents

Age group

20 years and older

Special properties

across various demographics to analyze the changing consumer sentiment with respect to the COVID-19 pandemic.

Method of interview

Online survey

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