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Contactless Payments: A Shift in Financial Culture - Eureka Surveys' Insight
Eureka Surveys
Jul. 20, 2023
0 min read
At Eureka Surveys, we recently asked you a simple question: 'Do you pay via contactless payment, if available?'. The responses were as plentiful as they were enlightening and certainly highlight a significant shift in our financial culture. As participants in online surveys, you offer valuable reflections of society’s trends.
By far, the most popular response was 'Yes, on my phone', indicating that this method of payment has firmly taken hold. This can be attributed to the rapid leap in technology and user-friendly interfaces that both tech giants and banks have introduced in recent years. Consider, for example, the seamless utility of Apple Pay, Google Pay, and various online banking apps that users find it easy and efficient to use for transactions.
Do you pay via contactless payment, if available?
42.0%
Yes, on my phone
11.2%
Yes, on my watch
14.5%
No, I swipe my debit or credit card
4.4%
I have no idea what your asking about!
4.3%
No, I use cash or checks
23.6%
Yes, with my debit or credit card
Total Participants: 44147
Unraveling the Numbers
Despite the popularity of mobile payment, a significant chunk of respondents were still making payments the traditional way by swiping their debit or credit cards. This raised an interesting perspective about the comfort of age-old routines and skepticism towards new technologies.
The fact that almost 2000 people stated they 'have no idea' what we were asking about is a reflection of the need for more financial literacy and updated information on evolving payment methods. Lastly, a surprising number of respondents are still writing checks or using cash to make their transactions, representing a resilient cohort unswayed by digital transformation.
What This Means for You
Needless to say, the switch to digital is inevitable but what does this shift mean for you? Firstly, increasing your tech savviness can open doors to making money online. Sites like Eureka Surveys offer paid online surveys and offer ways to make money online. Perhaps, making this leap may be your first inroad to exploring free paid surveys and additional side-hustle cash opportunities.
This financial culture shift is more than just a fad; it reflects our routine interactions, preferences, and comfort levels with technology. As always, Eureka Surveys continues to build an intuitive platform that captures your opinions, trends, and movements in real-time. Stay tuned for more thought-provoking polls and remember, your voice, your choice!
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