Payment Apps

92.4% of people have heard of cashless payment apps. BUT how many of us have used payment apps in the past 6 months?

On average, less than half (40%) used cashless payment apps in the past 6 months. Why is that so?

Main barrier – Security! Only one-third (31%) agree that payment apps are a secure way of paying.

Nonetheless, the majority of us think that the usage of payment apps will increase in a year’s time.

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