A 2020 survey conducted in Macao reported a net increase in usage of cashless payment methods during COVID-19. Credit cards recorded a net increase of 43 percent, while peer-to-peer (P2P) payments also saw a rise, albeit negligible, at only one percent. On the other hand, cash payments seemed to have lost favor among consumers in Macao, witnessing a net decrease of 24 percent.
Change in usage of payment methods among consumers during coronavirus COVID-19 in Macao as of August 2020, by type
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Visa Inc.. (December 10, 2020). Change in usage of payment methods among consumers during coronavirus COVID-19 in Macao as of August 2020, by type [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1222880/macao-change-in-usage-of-payment-methods-during-covid/
Visa Inc.. "Change in usage of payment methods among consumers during coronavirus COVID-19 in Macao as of August 2020, by type." Chart. December 10, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1222880/macao-change-in-usage-of-payment-methods-during-covid/
Visa Inc.. (2020). Change in usage of payment methods among consumers during coronavirus COVID-19 in Macao as of August 2020, by type. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1222880/macao-change-in-usage-of-payment-methods-during-covid/
Visa Inc.. "Change in Usage of Payment Methods among Consumers during Coronavirus Covid-19 in Macao as of August 2020, by Type." Statista, Statista Inc., 10 Dec 2020, https://www.statista.com/statistics/1222880/macao-change-in-usage-of-payment-methods-during-covid/
Visa Inc., Change in usage of payment methods among consumers during coronavirus COVID-19 in Macao as of August 2020, by type Statista, https://www.statista.com/statistics/1222880/macao-change-in-usage-of-payment-methods-during-covid/ (last visited December 22, 2024)
Change in usage of payment methods among consumers during coronavirus COVID-19 in Macao as of August 2020, by type [Graph], Visa Inc., December 10, 2020. [Online]. Available: https://www.statista.com/statistics/1222880/macao-change-in-usage-of-payment-methods-during-covid/