Preference for payment by smartwatch in Denmark in 2022, by age and gender
market share of digital wallets in Denmark increased significantly between 2017 and 2021, and was almost on part with the market share of credit cards in 2021 - although this payment method went through a similar growth during the same timeframe.
Millennial consumers in Denmark were more interested than their Gen Z counterparts in using smartwatches for payments instead of other options. This according to a survey held among consumers ages 18 to 75 - with "Gen Z" here being defined as the age group 18 to 24 years old. The source claims the use of smartwatches is "on the rise", and could threaten the future use of cash or credit cards. The