Debit cards and credit cards remained popular online payment methods for Gen Z in early 2024, especially for online shopping or booking travels. This is according to a survey held in 14 different countries across North America, Europe, and Latin America. This might sound surprising, especially given that forecasts predict a growing importance of wallets in e-commerce by 2027. It should be noted, however, that digital wallets in 2024 are mostly associated with Asia-Pacific. Indeed, the countries within this particular survey have a relatively strong payment card presence. That said, according to the results of the source, younger consumers show a demand for variety in the online payment methods available to them.
Share of Gen Z consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024
Worldwide, Argentina, Austria, Brazil, Bulgaria, Canada, Chile, Colombia, Ecuador, Germany, Italy, Mexico, Peru, United Kingdom, United States
Survey time period
May to June 2024
Number of respondents
2,448 respondents
Age group
18-27 years old
Special properties
Consumers; The source did not include survey respondents from the Asia-Pacific region, Africa, or the Middle East.
Method of interview
Online survey
Supplementary notes
The source phrased the question as follows: "Which of the following payment methods have you used in the past month when making payments online for each of the following?"
The results have been weighted to represent the entire population.
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Paysafe Group. (August 12, 2024). Share of Gen Z consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1498176/gen-z-online-payments-preferences/
Paysafe Group. "Share of Gen Z consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024." Chart. August 12, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1498176/gen-z-online-payments-preferences/
Paysafe Group. (2024). Share of Gen Z consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1498176/gen-z-online-payments-preferences/
Paysafe Group. "Share of Gen Z Consumers Worldwide Who Indicate They Use Selected Types of Online Payment Methods during Certain Online Activities in 2024." Statista, Statista Inc., 12 Aug 2024, https://www.statista.com/statistics/1498176/gen-z-online-payments-preferences/
Paysafe Group, Share of Gen Z consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024 Statista, https://www.statista.com/statistics/1498176/gen-z-online-payments-preferences/ (last visited October 31, 2024)
Share of Gen Z consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024 [Graph], Paysafe Group, August 12, 2024. [Online]. Available: https://www.statista.com/statistics/1498176/gen-z-online-payments-preferences/
