Boomers Go Digital: The Surprising Rise of Digital Wallets Among Brazil's Older Consumers

Digital Wallets Beyond Financial Transactions: Brazil Edition

Brazil’s consumers upend the general trend that digital wallet adoption is mainly among Gen Z and millennials. PYMNTS Intelligence’s latest report, “Digital Wallets Beyond Financial Transactions: Brazil Edition,” a collaboration with Google Wallet, includes five charts of surprising data showing how Brazil’s consumers defy international norms.

Inside the September Data Brief
  • 47%: Share of consumers in Brazil who used a digital wallet to pay bills in the last year
  • 34%: Portion of consumers in Brazil who expect to use digital wallets for ID in the next three years
  • 27%: Share of consumers in Brazil who used digital wallets to pay for a purchase while online shopping

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