Pay with your mobile phone, only 19% of French use this function

France is a country where habits are as hard to break as they are hard to acquire. Take Minitel for example. While other countries that have launched a commercial Videotex service are abandoning this system for the internet, France continued its use until 2012. In an area as sensitive as banking, it is even harder to change habits. The PanoraBanques benchmarking site publishes an annual survey of the French people’s payment habits by the Poll & Roll institute.

And the year 2022, as in 2021, shows that radical events like a global pandemic are necessary to cause real changes in consumption. In contactless payment, this is Adopted by 86% The French against 79% in the previous barometer. Note that 98% of our citizens have a payment card (half of which are traditional Visa or Mastercard).

The French pay more with checks than their smartphones

However, despite this epidemic, contact payment methods such as cash and check continue. Near’one of four French still uses checks (an average of 6 checks per year per French). And each Frenchman withdraws an average of 1.5 per month from an ATM. In addition, 15% of the French prefer to go to the branch from the phone application or the internet to make a transfer.

Conversely, making contactless payments with your cell phone is a step the French keep rejecting. We made this observation two years ago. And we still continue today. According to the barometer only 19% of French people have acquired this reflex., while most smartphones are compatible and Apple Pay, Google Pay and Paylib are compatible with the vast majority of banks. Research shows that this percentage still Two points increased in one year. Obviously, it is the younger generation (18-34 years old) (26%) who adopt it the most.

Source : excitement