Debit cards overtook physical money as the most preferred payment method of Swiss consumers in 2019. During that year, just under 40 percent of survey respondents said they preferred to use debit cards, such as EC cards or Maestro or V-Pay, for in-store payments. Although this was a moderate increase compared to the previous year, they became more popular than coins and banknotes in the country. Mobile payments, such as Apple Pay, were much less preferred in Switzerland. However, when compared to 2018 results, the number of people who chose them as their favorite payment method doubled.
Distribution of preferred payment methods in Switzerland from 2018 and 2020
The survey respondents were from across all regions in Switzerland and were representative of the Swiss population. The source did not provide information on the age of the respondents.
The figures have been taken from several publications.
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Website (FintechNews.ch). (August 14, 2020). Distribution of preferred payment methods in Switzerland from 2018 and 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1117395/preferred-payment-methods-in-switzerland/
Website (FintechNews.ch). "Distribution of preferred payment methods in Switzerland from 2018 and 2020." Chart. August 14, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1117395/preferred-payment-methods-in-switzerland/
Website (FintechNews.ch). (2020). Distribution of preferred payment methods in Switzerland from 2018 and 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1117395/preferred-payment-methods-in-switzerland/
Website (FintechNews.ch). "Distribution of Preferred Payment Methods in Switzerland from 2018 and 2020." Statista, Statista Inc., 14 Aug 2020, https://www.statista.com/statistics/1117395/preferred-payment-methods-in-switzerland/
Website (FintechNews.ch), Distribution of preferred payment methods in Switzerland from 2018 and 2020 Statista, https://www.statista.com/statistics/1117395/preferred-payment-methods-in-switzerland/ (last visited November 21, 2024)
Distribution of preferred payment methods in Switzerland from 2018 and 2020 [Graph], Website (FintechNews.ch), August 14, 2020. [Online]. Available: https://www.statista.com/statistics/1117395/preferred-payment-methods-in-switzerland/
