Gen Y Preferred Online Payment Method

Posted on Wednesday, August 13, 2008 by Bryan Johnson

Interesting because I thought PayPal would have much higher preferred status among this demographic.

Credit Card: 65%
Debit Card: 22%
Checking: 8%
PayPal: 3%
Other: 2%

Generation Y includes those born in 80's to 90's (18 - 28 year olds). Thank you First Annapolis for the data and Transaction Trends for publishing.

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Comments

Dennis Gannon said on Monday, October 27, 2008:

I think part of the low rating is that there are people opting for other payment methods and finding options that PP doesn't offer.