Gen Z prefers mobile wallets to cash and bank accounts

Mobile wallets - Person paying with mobile

Millennials are also open to accepting digital transactions as well as cryptocurrency. As the American government takes steps to adopt but also regulate cryptocurrency, research is showing that some people in the US and a dozen other countries are more willing to use mobile wallets with those digital coins than others. Younger customers find crypto to be more appealing than cash and bank accounts. Survey results from global payment platform provider Thunes recently showed that Gen Z is interested in using cryptocurrency for making purchases and investments, among other transactions.…

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Most cryptocurrency owners would use it to buy things through a mobile wallet

Mobile wallet - Cryptocurrency - Bitcoin - Mobile

Over one third of crypto-owning consumers aged 18 to 54 would shop with their digital coin. About 67 percent of cryptocurrency owners between the ages of 18 years and 54 years old would use their digital coin in a mobile wallet to make purchases, according to a Cantaloupe Inc. study. The digital payments company’s survey showed that consumers most likely to own crypto coin are 18 to 34. Thirty seven percent of crypto owners are 18 to 34 years old, and 33 percent are aged 35 to 54 years old.…

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