Venture Insights Consumer Survey: COVID-19 boosting mobile payments

Report Overview

Venture Insights Consumer Survey: COVID-19 boosting mobile payments

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Venture Insights Consumer Survey: COVID-19 boosting mobile payments

Contents

Key Takeaways

Introduction

Trending towards a cashless society

Underlying drivers of mobile payments

The way we pay

Most popular mobile payments apps

Demographic breakdown of payments app usage

Australia – cashless first, mobile payments next?

Figures

Figure 1. Percentage of Cash Payments in Australia by Number of Transactions (projections from 2022)

Figure 2. Do you use your mobile phone to pay for purchases?

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