The “Zen generation”, aged 55 to 75, is the one that uses the mobile phone the most for payments between individuals in Spain

Author: UNSPLASH | EUROPAPRESS

62% of these people make transfers to family or friends, check balances and pay for products

Spain has positioned itself as the leader in the use of peer-to-peer (p2p) payment applications in the age segment between 55 and 75 years old at the European level, with 62% of Spaniards using them, according to the conclusion Report on the digital habits of the Zen Gencreated by the agency Good rebels.

Specifically, zen generationconsisting of people aged 55 to 75, represents 24% of the Spanish population and, for the most part, they are still active workers, while “they account for almost half of Spanish household income, so their spending habits are of great interest to brands, service providers and companies.” payment platforms,” ​​he explained.

So, under the name of payments p2p (person to person, for Spanish translation) involves sending money through mobile applications between individuals, for transfer or payment.

The majority of Spanish consumers between the ages of 55 and 75 reported using this digital payment method several times a month to transfer money to family and friends, review balances and recent transactions and pay for products and services, both in stores on the line as physical.

On the other hand, those consumers who do not use payment applications p2p they claimed that bank transfers They are a more secure payment systeman aspect highlighted by 71% of respondents.

Source: La Vozde Galicia

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Jason

Jason

I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people's lives. I also write about current trends in economics, business strategies and investments.

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