Pandemic accelerates mobile payments in New Zealand
- Publisher Venture Insights.
- Publish Date April 1, 2021
- Sector Disruption, fintech, mobile payments, Technology.
- Company
Contents
Key Takeaways
Introduction
Trending towards a cashless society
Underlying drivers of mobile payments
The way New Zealanders pay on mobile
Internet Banking
Popularity of payment apps
Demographic breakdown of payments app usage
The future of mobile payments in New Zealand
Figures
Figure 1. New Zealand annual payments transactions, by type of payment (2015-2019)
Figure 2. Do you conduct Internet banking (e.g., check accounts, transfer money) on your mobile phone? (overall and demographic breakdown by age)
Figure 3. Which payment app do you mainly use?
Figure 4. Demographic breakdown of payments app usage – by age
Figure 5. Demographic breakdown of payments app usage – by income
Figure 6. Mobile payments – frequency of usage
