When consumers in Italy indicated they changed online payment methods in 2022 due to growing cost of living, most said they increasingly used prepaid cards. This according to a survey held in 10 different countries across North America, Europe, and Latin America, and purely asked on whether cost of living had changed payment behavior in those countries. Credit cards, BNPL, and crypto were all used more often, but neither saw the largest growth: 50 percent of respondents who changed their payment habits because of the rising cost of living in 2022 are paying online with prepaid cards more often than they did in the previous year.
Share of consumers in Italy who indicated that increasing cost of living changed their preferred online payment methods in 2022
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Paysafe Group. (June 29, 2022). Share of consumers in Italy who indicated that increasing cost of living changed their preferred online payment methods in 2022 [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1341906/rising-cost-of-living-impact-on-online-payment-behavior-italy/
Paysafe Group. "Share of consumers in Italy who indicated that increasing cost of living changed their preferred online payment methods in 2022." Chart. June 29, 2022. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1341906/rising-cost-of-living-impact-on-online-payment-behavior-italy/
Paysafe Group. (2022). Share of consumers in Italy who indicated that increasing cost of living changed their preferred online payment methods in 2022. Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1341906/rising-cost-of-living-impact-on-online-payment-behavior-italy/
Paysafe Group. "Share of Consumers in Italy Who Indicated That Increasing Cost of Living Changed Their Preferred Online Payment Methods in 2022." Statista, Statista Inc., 29 Jun 2022, https://www.statista.com/statistics/1341906/rising-cost-of-living-impact-on-online-payment-behavior-italy/
Paysafe Group, Share of consumers in Italy who indicated that increasing cost of living changed their preferred online payment methods in 2022 Statista, https://www.statista.com/statistics/1341906/rising-cost-of-living-impact-on-online-payment-behavior-italy/ (last visited October 02, 2024)
Share of consumers in Italy who indicated that increasing cost of living changed their preferred online payment methods in 2022 [Graph], Paysafe Group, June 29, 2022. [Online]. Available: https://www.statista.com/statistics/1341906/rising-cost-of-living-impact-on-online-payment-behavior-italy/