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May 16, 2022

Potential Barriers to Digital Payment Adoption According to US Adults, by Age, May 2022 (% of respondents in each group)

Methodology

Data is from a May 2022 Federal Reserve Banks report titled “Federal Reserve Market Readiness Brief: Today’s On-Demand Lifestyle Is Spurring Greater Demand for Faster Payments.” 2,015 US adults ages 18+ were surveyed online during H2 2021 by Phoenix Marketing International, with the panel-based sample provided by Dynata and Lucid. The sample is nationally representative, and stratified by age and income. The sample allows for a margin of error of +/-3 percentage points at a 95% confidence level.