In a survey conducted in 2020 to analyze the changing consumer sentiments concerning the COVID-19 pandemic in India, the respondents over the age of 40 were more inclined towards using credit and debit cards for payment. Contrary to this, UPI and online wallets were more popular with younger consumers.
Preferred mode of payment since the coronavirus (COVID-19) pandemic across India in 2020, by age
Characteristic
Cash
Credit and debit card
UPI and online wallet
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-
-
-
-
-
-
-
-
-
-
-
-
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KPMG. (July 1, 2020). Preferred mode of payment since the coronavirus (COVID-19) pandemic across India in 2020, by age [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1177684/india-preferred-mode-of-payment-since-covid-19-by-age/
KPMG. "Preferred mode of payment since the coronavirus (COVID-19) pandemic across India in 2020, by age." Chart. July 1, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1177684/india-preferred-mode-of-payment-since-covid-19-by-age/
KPMG. (2020). Preferred mode of payment since the coronavirus (COVID-19) pandemic across India in 2020, by age. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1177684/india-preferred-mode-of-payment-since-covid-19-by-age/
KPMG. "Preferred Mode of Payment since The Coronavirus (Covid-19) Pandemic across India in 2020, by Age." Statista, Statista Inc., 1 Jul 2020, https://www.statista.com/statistics/1177684/india-preferred-mode-of-payment-since-covid-19-by-age/
KPMG, Preferred mode of payment since the coronavirus (COVID-19) pandemic across India in 2020, by age Statista, https://www.statista.com/statistics/1177684/india-preferred-mode-of-payment-since-covid-19-by-age/ (last visited July 22, 2024)
Preferred mode of payment since the coronavirus (COVID-19) pandemic across India in 2020, by age [Graph], KPMG, July 1, 2020. [Online]. Available: https://www.statista.com/statistics/1177684/india-preferred-mode-of-payment-since-covid-19-by-age/
