73 percent of people find digital payment methods attractive because they are quicker and more convenient. Feeling safe because one is not carrying cash is outlined as a benefit by 65 percent of respondents. The concept of cashless society refers to an economic state in which financial transactions are executed in an electronic format and without banknotes. The figures stem from a nationally representative survey among consumers in the United Kingdom conducted in November 2018,
Share of people who believe digital provides an attractive way of paying in the United Kingdom (UK) in 2018, by reason
Characteristic
Share of payments
It’s quicker and more convenient.
73%
You can get up-to-date information on how much is in your account and how much you have spent.
72%
You don’t have all that cash filling your pockets.
70%
You get more choice by shopping online.
69%
It makes you feel safer not having to carry large amounts of cash.
65%
You get the best deals and more discounts by shopping online.
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ECB. (March 1, 2019). Share of people who believe digital provides an attractive way of paying in the United Kingdom (UK) in 2018, by reason [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1058155/share-of-people-who-find-digital-payment-attractive-by-reason/
ECB. "Share of people who believe digital provides an attractive way of paying in the United Kingdom (UK) in 2018, by reason." Chart. March 1, 2019. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1058155/share-of-people-who-find-digital-payment-attractive-by-reason/
ECB. (2019). Share of people who believe digital provides an attractive way of paying in the United Kingdom (UK) in 2018, by reason. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1058155/share-of-people-who-find-digital-payment-attractive-by-reason/
ECB. "Share of People Who Believe Digital Provides An Attractive Way of Paying in The United Kingdom (Uk) in 2018, by Reason." Statista, Statista Inc., 1 Mar 2019, https://www.statista.com/statistics/1058155/share-of-people-who-find-digital-payment-attractive-by-reason/
ECB, Share of people who believe digital provides an attractive way of paying in the United Kingdom (UK) in 2018, by reason Statista, https://www.statista.com/statistics/1058155/share-of-people-who-find-digital-payment-attractive-by-reason/ (last visited December 23, 2024)
Share of people who believe digital provides an attractive way of paying in the United Kingdom (UK) in 2018, by reason [Graph], ECB, March 1, 2019. [Online]. Available: https://www.statista.com/statistics/1058155/share-of-people-who-find-digital-payment-attractive-by-reason/
