Millennial use of online payments in Hong Kong 2023, by type

Published by
Daniel Slotta,
May 30, 2024
As of the first quarter of 2023, 72 percent of Millennial online payment users stated that they had used their credit card to make payments online, according to Statista's Consumer Insights. The recent surge of smartphone adoption in the city also enabled residents to utilize fintech services and mobile payment methods.

Millennial preference towards online payment methods in Hong Kong in 1st quarter 2023

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Source

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Release date

July 2023

Region

Hong Kong

Survey time period

04 July 2022 to 22 June 2023

Number of respondents

737 respondents

Special properties

respondents born between 1981 and1996

Method of interview

Online survey

Supplementary notes

The original question was phrased by the source as follows: "How have you conducted payments online in the past 12 months? (multi-pick)". Multiple selections were possible.

More information on the methodology can be found here.

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