According to a survey conducted on digital payments in India as of August 2020, majority of Generation Z used cash as a payment method. About 52 percent of teenagers used debit and credit cards belonging to their parents in the country.
Mode of payments used by GenZs in India as of August 2020
Characteristic
Share of respondents
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Website (fampay.in). (October 8, 2020). Mode of payments used by GenZs in India as of August 2020 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1195565/india-genz-mode-of-payment/
Website (fampay.in). "Mode of payments used by GenZs in India as of August 2020." Chart. October 8, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1195565/india-genz-mode-of-payment/
Website (fampay.in). (2020). Mode of payments used by GenZs in India as of August 2020. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1195565/india-genz-mode-of-payment/
Website (fampay.in). "Mode of Payments Used by Genzs in India as of August 2020." Statista, Statista Inc., 8 Oct 2020, https://www.statista.com/statistics/1195565/india-genz-mode-of-payment/
Website (fampay.in), Mode of payments used by GenZs in India as of August 2020 Statista, https://www.statista.com/statistics/1195565/india-genz-mode-of-payment/ (last visited August 24, 2024)
Mode of payments used by GenZs in India as of August 2020 [Graph], Website (fampay.in), October 8, 2020. [Online]. Available: https://www.statista.com/statistics/1195565/india-genz-mode-of-payment/