With the rise of the e-commerce, which has been predicted to reach a total turnover of over 115 billion euros in 2020, the necessity for faster, transparent and secure payment methods has risen. Thus, when a sample of more than 1,000 French people were asked about if they were ready to use payment through social media, their opinion was clearly on the "no" side: only 15 percent were certainly or probably ready to use it. Paying with crypto-currencies was another measure for which French consumers expressed their suspicions.
Would you be ready to pay for your purchases through social media?
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Consumer Science & Analytics. (January 29, 2020). Would you be ready to pay for your purchases through social media? [Graph]. In Statista. Retrieved May 03, 2025, from https://www.statista.com/statistics/1193285/payment-through-social-media-readiness-usage-france/
Consumer Science & Analytics. "Would you be ready to pay for your purchases through social media?." Chart. January 29, 2020. Statista. Accessed May 03, 2025. https://www.statista.com/statistics/1193285/payment-through-social-media-readiness-usage-france/
Consumer Science & Analytics. (2020). Would you be ready to pay for your purchases through social media?. Statista. Statista Inc.. Accessed: May 03, 2025. https://www.statista.com/statistics/1193285/payment-through-social-media-readiness-usage-france/
Consumer Science & Analytics. "Would You Be Ready to Pay for Your Purchases through Social Media?." Statista, Statista Inc., 29 Jan 2020, https://www.statista.com/statistics/1193285/payment-through-social-media-readiness-usage-france/
Consumer Science & Analytics, Would you be ready to pay for your purchases through social media? Statista, https://www.statista.com/statistics/1193285/payment-through-social-media-readiness-usage-france/ (last visited May 03, 2025)
Would you be ready to pay for your purchases through social media? [Graph], Consumer Science & Analytics, January 29, 2020. [Online]. Available: https://www.statista.com/statistics/1193285/payment-through-social-media-readiness-usage-france/