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Where Do Consumers Cash Their Checks?

By PaymentsJournal
November 7, 2018
in Cash, Debit, Truth In Data
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Data for this episode of Truth In Data provided by Mercator Advisory Group’s report – U.S. Consumers and Debit: Shift to Online May Inhibit Use

About this report

The latest Insight Summary Report from Mercator Advisory Group’s CustomerMonitor Survey Series reveals that 57% of all respondents and 78% of young adults aged 18 to 34 use person-to-person payment services such as PayPal, Venmo, Google Wallet, Facebook Messenger, and others accessible online and in app by mobile devices and nearly half of them use a P2P service at least once a month. The report, U.S. Consumers and Debit: Shift to Online May Inhibit Use, presents the findings of an online survey of 3,011 U.S. adults conducted in June 2017.

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Tags: CashCheckingConsumer Behavior

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