77% of Gen Z are ditching physical wallets for mobile wallets

Marqeta has released a report looking at consumer payment, mobile wallets, banking and shopping preferences, showing digital adoption is on the rise. The company surveyed of 4,000 consumers across three continents, including 1,000 UK respondents, showed that 61% of consumers feel confident enough with contactless payments to leave their wallet at home and just take their phone – a figure that rises to over three quarters (77%) for UK Gen Z respondents (i.those aged 18-24).

Link: 77% of Gen Z are ditching physical wallets for mobile wallets
via http://www.paymentscardsandmobile.com

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