The results of a survey conducted in August 2020 revealed that consumers in Taiwan carried less cash in their wallets mostly because they preferred other forms of payment, such as contactless payments, credit cards, and store-valued cards. For almost half of the respondents, the reason was that they could easily withdraw cash. Meanwhile, six percent of the respondents said they carried less cash, resulting from increased prepaid card usage.
Reasons for carrying less cash in wallet in Taiwan as of August 2020
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Visa Inc.. (December 10, 2020). Reasons for carrying less cash in wallet in Taiwan as of August 2020 [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1223046/taiwan-reasons-for-less-cash-in-wallet/
Visa Inc.. "Reasons for carrying less cash in wallet in Taiwan as of August 2020." Chart. December 10, 2020. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1223046/taiwan-reasons-for-less-cash-in-wallet/
Visa Inc.. (2020). Reasons for carrying less cash in wallet in Taiwan as of August 2020. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1223046/taiwan-reasons-for-less-cash-in-wallet/
Visa Inc.. "Reasons for Carrying Less Cash in Wallet in Taiwan as of August 2020." Statista, Statista Inc., 10 Dec 2020, https://www.statista.com/statistics/1223046/taiwan-reasons-for-less-cash-in-wallet/
Visa Inc., Reasons for carrying less cash in wallet in Taiwan as of August 2020 Statista, https://www.statista.com/statistics/1223046/taiwan-reasons-for-less-cash-in-wallet/ (last visited December 26, 2024)
Reasons for carrying less cash in wallet in Taiwan as of August 2020 [Graph], Visa Inc., December 10, 2020. [Online]. Available: https://www.statista.com/statistics/1223046/taiwan-reasons-for-less-cash-in-wallet/
