Lifestyle

Most of Generation Z Prefer Physical to Digital Banking

By 29 May 2022
Most of Generation Z Prefer Physical to Digital Banking
Image: Pixabay

ZAGREB, 29 May 2022 - As many as 86% of members of Generation Z in Croatia would rather go to a bank to conclude a contract on a loan than resort to the Internet banking for that purpose, it was said at a recent Digital Touchpoint conference in Zagreb.

During the conference, organised by the ASEE and Payten companies, the findings of a survey conducted by the Ipsos pollster among 300 respondents were presented. Surprisingly, youngsters, who are growing up with the Internet, prefer going to a bank to conclude a contract on a loan.

Generation Z (or Gen Z for short), colloquially also known as zoomers, is the demographic cohort succeeding Millennials and preceding Generation Alpha. Researchers and popular media use the mid to late 1990s as starting birth years and the 2010s as ending birth years. 

As much as 63% of those respondents also prefer shopping in-store than online.

Furthermore, 80% of respondents consider possession of one's own property important.

A majority of those polled know what crypto currencies are but they do not use them.

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