Press Release

Press Release

58% of consumers have reduced cash transactions since the pandemic: Digipay CuES 2023

Improved perceptions of “Trust” and “Safety” of digital payment apps are a major contributor to this trend. Hansa Research’s 2023 DigiPay CuES Survey, reveals ‘Easy to Use’ and ‘Instant Payment’ as the key benefits consumers cite for using Mobile Payment Apps, propelling growth for payment platforms. Cash which has been the world’s foundation for centuries, is leaning towards redundancy, with more than half (58%) of the consumers surveyed stating a reduction in their cash spend, especially among the older demographic (35+ years and above). As per the survey, “buy now, pay later” (BNPL)...
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