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  • In what ways are e-wallets reshaping spending habits?
  • In what ways are e-wallets reshaping spending habits?
    Kamaji Ogino (2020) ©
REPORT

How digital payments are changing bargain hunting

Digital wallets were gaining ground well before COVID-19 struck, but the pandemic accelerated their uptake as people prioritized contactless transactions. As well as offering a more hygienic way to make purchases, how might these tools enable Americans to make the most of their money?

Location United States

Scope
Oscar Wilde famously wrote that “people know the price of everything and the value of nothing.” [1] Of course, price is one of the primary considerations when making a purchase, and people have long sought ways to get the most bang for their buck. With purse strings tightening for many due to the pandemic, the hunt for bargains will likely increase. Indeed, 30% of Americans surveyed by WalletHub in early 2021 cited ‘money concerns’ as their main source of stress, overtaking COVID-19 and hinting at how price tags will heavily influence shopping habits for at least the ...

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