Which type of consumer would most likely use an electronic wallet?
A) big ticket purchasers (making infrequent transactions of large dollar values)
B) small ticket purchasers (making frequent transactions of small dollar values)
C) price sensitive shoppers
D) consumers who do not own a credit card
E) Consumers who make online payments exclusively through PayPal

Question

Quizplus · Accepted Answer

Electronic wallets are most suitable for small ticket purchasers who make frequent transactions of small dollar values, as they offer convenience and speed in making payments. It may not be as advantageous for big ticket purchasers, who make infrequent transactions of large dollar values, as they may prefer more traditional methods of payment like credit cards or bank transfers. Price sensitive shoppers may not be willing to use an electronic wallet if there are additional fees and charges. Consumers who do not own a credit card or make online payments exclusively through PayPal may not find an electronic wallet necessary as they already have alternative modes of payment.

Which Type of Consumer Would Most Likely Use an Electronic