Consumers paying with mobile wallets in the UK 2020, by age

Published by Statista Research Department, Jun 13, 2023
According to a recent study, in the United Kingdom (UK) Generation Z was the consumer group that adjusted the most to digital payment methods, with nearly half of those surveyed stating they make payments using digital or mobile wallets. This share was at 32 percent for the Millennials, and 28 percent for those in the age group 40-54 years old (Gen X).

Share of consumers making payments with digital or mobile wallets in the United Kingdom (UK) in 2020, by age group

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Release date

March 2020

Region

United Kingdom

Survey time period

June 2020

Number of respondents

15,000*

Special properties

*consumers in 15 countries

Supplementary notes

The survey sample was composed as follows:
• Gen Z (18-23 years old); • Millennials (24-39 years old); • Gen X (40-54 years old); • Baby boomers (55-73 years old); • Beyond boomers (74+ years old).

The margin of error for the sample size is +/- 1.6% at the 90% confidence level.

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