We spend more than seven hours a day on our cell phones

The latest survey shows that people still rely heavily on payment cards when it comes to managing personal finances, one of the consequences of accelerated digitalization and the need for cashless and contactless payments due to the pandemic. Namely, almost all respondents use at least one card, and among the most common activities is online shopping, according to a new survey conducted for Mastercard in September by the Improve agency. Various products are bought online, from clothes to household supplies, but also fast food. Increasingly, bills are being paid online and mobile banking is being used. And the fact is that an average of over seven hours a day is spent on a smartphone and computer.

People shop online more often, and they buy clothes, electronics, and home products

Compared to the year before, but also in the spring of this year, the frequency of using cards for online shopping is increasing. Namely, 89% of respondents use the card for online shopping, and the latest data show that now more people buy online at least once a month. More often than the average, online shopping cards are used by people with higher incomes. Who almost never uses online shopping cards? These are mostly respondents older than 50 and those who have no income.

When it comes to online shopping habits, the most popular products for most respondents are clothing, electronics, and household products, such as furniture, tools, and the like. The largest increase in online shopping compared to last year's data was recorded in the segment of clothing, cosmetics, and food - and not only food products, but also ready meals.

Almost half of the survey participants shop equally in foreign and domestic online stores. The main reasons for online shopping are time savings (68%), availability of stores 24/7 (65%), and a better offer of products and services (61%). As a reason for online shopping, they cite even more reasonable prices, promotions, and discounts, the fact that some items can be purchased exclusively online, as well as the possibility of delivery to your home address or to work.

By: Olivia J. - Gossip Whispers