Penetration rate of wearable devices for payments worldwide 2024, by age and gender
Most people across all age groups and genders did not use a wearable for payments, mostly because they did not such a device. This is according to a survey conducted in 14 countries across North America, Europe, and Latin America. However, younger generations were more likely to own a wearable device for payments and to use it, whether regularly or occasionally, than older generations. The gender differences were less significant. Male respondents were more likely to use wearables for online payments than female respondents.