Preference for paying using Fintech company over bank in the U.S. 2016, by generation

The statistic presents the preference for making payments using a Fintech company over a bank in the United States in 2016, by generation. It was found that 58 percent of the surveyed Millennials strongly/somewhat agreed that they preferred to do basic payment activities, like funds transfer, bill payment or lending money, using a financial technology company rather than a bank.

Preference for doing basic payment activities using a financial technology company rather than a bank in the United States in 2016, by generation

MillenialsGen XersBaby Boomers
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Source

Release date

January 2017

Region

United States

Survey time period

November 30 to December 2, 2016

Number of respondents

1,809 respondents

Age group

18 years and older

Special properties

are respondents who have a checking or banking account

Method of interview

Online survey

Supplementary notes

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