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.”