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Consumers paying with mobile wallets in the U.S. 2020, by age

Published by
Raynor de Best,
Feb 2, 2022
In the U.S., Millennials seemed more eager to pay with digital and mobile wallets when shopping online, a 2020 survey revealed. If 46 percent of them stated so, only 22 percent of baby boomers reported the same habit in online payments. Lastly, 44 percent of both individuals belonging to Generation X and younger respondents of the Generation Z stated to use digital or mobile wallets in the United States.

Share of consumers making payments with digital or mobile wallets in the U.S. in 2020, by age group

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Sources

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Release date

March 2020

Region

United States

Survey time period

June 2020

Number of respondents

15,000 respondents

Special properties

consumers in 15 countries

Supplementary notes

The survey sample was composed as follows:
• Gen Z (18-23 years old) • Millennials (24-39 years old) • Gen X (40-54 years old) • Baby boomers (55-73 years old) • Beyond boomers (74+ years old)

The margin of error for the sample size is +/- 1.6% at the 90% confidence level.

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Statistics on " Mobile payments in the United States "

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Statistics on Mobile payments in the United States

Overview

5

Contactless/tap and go

3

Mobile wallets

4

QR codes

4

Wearables/smart devices

3

P2P

3

Cryptocurrency

4

Further related statistics

19

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Topics

Mobile payments in the United StatesMobile payments worldwideMobile commerce in the United StatesPayPalApple Pay
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