Digital Brits intrigued by brave new world of payments

Digital Brits intrigued by brave new world of payments

58% of Brits believe they will be able to buy everything using their thumbprint in 2037, while 23% think they will pay via a chip implanted in their hand. That’s according to Nationwide Building Society research, involving 2,000 people. 

At the same time, 55% aren't looking too far ahead in terms of advancements, believing phones or watches will be used to pay for everything in 2037. Many also feel that debit cards (56%), credit cards (53%) and cash (43%) will still be utilised then. 9% think that traveller’s cheques will still exist. Four in ten believe cash will be redundant within the next 25 years.

James Smith, Nationwide’s Director of Mobile and Digital, comments: “Innovation in personal finance is clearly something that intrigues people, as three in five believe we will be paying for everything via our thumbprint by 2037.”

 

Education key to tech adoption, HSBC

Education key to tech adoption, HSBC

Unique digital user numbers to surpass three billion

Unique digital user numbers to surpass three billion