According to a 2020 survey carried out in urban areas in Colombia, 50 percent of respondents declared using cash as their main payment method for purchasing back-to-school supplies. In comparison, 21 percent of the interviewees stated making use of credit cards in order to cover this expense.
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Most common payment methods used for buying school supplies in Colombia as of January 2020
Characteristic
Share of respondents
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FENALCO. (January 31, 2020). Most common payment methods used for buying school supplies in Colombia as of January 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1096607/payment-methods-school-supplies-colombia/
FENALCO. "Most common payment methods used for buying school supplies in Colombia as of January 2020." Chart. January 31, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1096607/payment-methods-school-supplies-colombia/
FENALCO. (2020). Most common payment methods used for buying school supplies in Colombia as of January 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1096607/payment-methods-school-supplies-colombia/
FENALCO. "Most Common Payment Methods Used for Buying School Supplies in Colombia as of January 2020." Statista, Statista Inc., 31 Jan 2020, https://www.statista.com/statistics/1096607/payment-methods-school-supplies-colombia/
FENALCO, Most common payment methods used for buying school supplies in Colombia as of January 2020 Statista, https://www.statista.com/statistics/1096607/payment-methods-school-supplies-colombia/ (last visited July 22, 2024)
Most common payment methods used for buying school supplies in Colombia as of January 2020 [Graph], FENALCO, January 31, 2020. [Online]. Available: https://www.statista.com/statistics/1096607/payment-methods-school-supplies-colombia/