As of the first quarter of 2023, 67 percent of Generation Z 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.
Generation Z preference towards online payment methods in Hong Kong in 1st quarter 2023
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Share of respondents
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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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Statista. (July 13, 2023). Generation Z preference towards online payment methods in Hong Kong in 1st quarter 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1401300/hong-kong-gen-z-use-of-online-payments-by-type/
Statista. "Generation Z preference towards online payment methods in Hong Kong in 1st quarter 2023." Chart. July 13, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1401300/hong-kong-gen-z-use-of-online-payments-by-type/
Statista. (2023). Generation Z preference towards online payment methods in Hong Kong in 1st quarter 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1401300/hong-kong-gen-z-use-of-online-payments-by-type/
Statista. "Generation Z Preference towards Online Payment Methods in Hong Kong in 1st Quarter 2023." Statista, Statista Inc., 13 Jul 2023, https://www.statista.com/statistics/1401300/hong-kong-gen-z-use-of-online-payments-by-type/
Statista, Generation Z preference towards online payment methods in Hong Kong in 1st quarter 2023 Statista, https://www.statista.com/statistics/1401300/hong-kong-gen-z-use-of-online-payments-by-type/ (last visited August 24, 2024)
Generation Z preference towards online payment methods in Hong Kong in 1st quarter 2023 [Graph], Statista, July 13, 2023. [Online]. Available: https://www.statista.com/statistics/1401300/hong-kong-gen-z-use-of-online-payments-by-type/