SmartDebit surprised by survey results showing consumers favour cash payments

smartdebit

Customers prefer to pay in cash

A recent survey, ‘According to Response Source,’ has found that most online shoppers are aged 18-24, it has been reported. The survey also found that a third of those shopping online would rather have the opportunity to pay by cash rather than use their card.

The UK’s leading Direct Debit service provider, SmartDebit, was surprised by the results. A representative explained: “Recent reports have always suggested that we are moving towards electronic and automated payments, yet this suggests that the younger generation who are often regarded as tech savvy – are most reluctant. This does come as a surprise, however if you study the findings in more detail, these are the demographic group that are least likely to have credit cards which are the most commonly used payment online.”

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