Colombia: payment methods for Christmas shopping 2019

Published by Statista Research Department, Jan 4, 2024
According to a survey carried out in Colombia in 2019, around 36 percent of the respondents claimed to use cash as payment method for Christmas shopping. Meanwhile, around 14 percent of the respondents asked for bank credits, bank drafts or used their employee fund for that purpose.

Preferred payment methods used for Christmas shopping in Colombia in 2019

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Source

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Release date

December 2019

Region

Colombia

Survey time period

2019

Number of respondents

616 respondents

Method of interview

Online survey

Supplementary notes

* A bank draft is a financial instrument that consists of a credit or loan of money facilitated by a lending entity to a debtor, and backed by the cash flow from the salary of that debtor. The installment and interest payments on the draft are automatically debited from the debtor's salary.
The source does not specify the exact day of the survey or the age group of the respondents.

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