The contactless debit card is the most frequently used digital payment method in a European comparison, while cash is the most frequently used payment method overall. Anonymity is only attributed to cash. One in two had experienced problems with digital payment methods. These are the findings of a new survey conducted by management and technology consultancy BearingPoint in seven European countries.
According to a new survey conducted by management and technology consultancy BearingPoint in seven European countries, cash is the most frequently used payment method. On average, one out of four respondents see the digital euro as a supplement to cash, with almost one in five saying they would use it several times a week. Fast, secure and accepted everywhere – these are the characteristics that respondents expect from the digital euro.
Launched in April 2022, the Arcwide JV between BearingPoint and IFS, began with nearly 100 people in nine countries. It has since grown to over 300 people in 14 countries, providing an unrivalled combination of professional services and IFS cloud ERP experience to deliver people-centred business transformation.