Infographic: Gen Z leads in use of mobile payments

Youngest American adults twice as likely to make a mobile payment, study finds

In the United States, Generation Z (ages 18-24) is twice as likely to make a mobile payment as the total population -- 7 percent compared to 3 percent -- according to a GfK study.

That's no surprise really. Generation Z, sometimes called the smartphone generation, lives on their phones. For Gen Z, mobile payments are becoming a part of everyday life.

Of Gen Z consumers surveyed, 53 percent said they had made a mobile payment in the past six months. For baby boomers (ages 50 to 68), the percentage is 14 percent, nearly four times less than the Gen Z rate.

Interestingly, when Gen Z consumers were asked if they feel their "mobile device payments are 100 percent secure," Gen Z (33 percent) lagged just behind Gen Y (36 percent). Both groups, though, are more comfortable with mobile payment security than boomers (10 percent) or Gen X (24 percent).

GfK conducted its 2015 FutureBuy research in 25 countries, with roughly 1,000 respondents per country. The mobile payments research was released in February 2016.


See related:  Millennials most likely to fall prey to online and phone fraudmore infographics

To use the graphic on your site, use the following code:

<center><a href=""><img alt="Infographic: Gen Z leads in use of mobile payments" border="0" src="" /></a> </center>

Join the discussion
We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

The editorial content on is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company's business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.

Weekly newsletter
Get the latest news, advice, articles and tips delivered to your inbox. It's FREE.

Updated: 02-21-2019