Cryptocurrency as an online payment method for Millennials only had a few use cases, most notably the purchase of other crypto. This is according to a survey held in 14 different countries across North America, Europe, and Latin America. In countries like Canada, cryptocurrency owners are mostly interested in investments. This was also the case in the United States. Crypto transactions were less of a crypto use case than investments in that particular country.
Share of Millennial 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
4,734 respondents
Age group
28-43 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 Millennial consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1498183/millennials-online-payments-preferences/
Paysafe Group. "Share of Millennial consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024." Chart. August 12, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1498183/millennials-online-payments-preferences/
Paysafe Group. (2024). Share of Millennial consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1498183/millennials-online-payments-preferences/
Paysafe Group. "Share of Millennial 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/1498183/millennials-online-payments-preferences/
Paysafe Group, Share of Millennial consumers worldwide who indicate they use selected types of online payment methods during certain online activities in 2024 Statista, https://www.statista.com/statistics/1498183/millennials-online-payments-preferences/ (last visited December 03, 2024)
Share of Millennial 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/1498183/millennials-online-payments-preferences/
