PYMNTS

JANUARY 1, 2019

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in 2019 than they were in 2018. We also guarantee that this prediction will hold, regardless of who one is talking about or the use case to which it pertains.

Payments 198

Payments Industry Millennials Groups 198

PYMNTS

MAY 2, 2019

In a sign of the times, American Express is increasing the rewards on its Blue Cash Preferred Card, announcing 6 percent cash back on U.S. The company said the changes will go into effect on May 9, 2019. American Express said the Blue Cash Preferred Card will still offer 6 percent cash back in U.S. streaming subscriptions.

Millennials 111

Millennials Cards Lending Industry 111

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. percent innovating to improve business analytics.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

FEBRUARY 13, 2020

Payment processing was good to financial transaction provider WEX in 2019, as the company reported double-digit growth for the year in its earnings report today. While the company is known for its payment solutions aimed at fuel for fleet services, it also has grown its corporate card and U.S. healthcare business.

Millennials 150

Millennials Examples Cards Groups 150

PYMNTS

NOVEMBER 25, 2020

According to an exclusive consumer survey, 27 percent of shoppers expect to spend less money than they did in 2019. Among those who said they would increase spend, about a third of millennials and Gen Xers said they would increase spending. And when consumers do go online, gift cards are winning the season.

Online 176

Online Cards Retail Data 176

PYMNTS

DECEMBER 28, 2018

That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels. The Two Faces Of Consumer Credit.

Millennials 145

Millennials Lending Data System 145

PYMNTS

DECEMBER 7, 2020

End-to-end gift card platform Qwikcilver has launched its Woohoo virtual gift card store on the Google Pay Spot Platform to enable users in India to buy and send virtual gift cards in real time, the United News of India reported on Monday (Dec. The more upscale the restaurant, the greater the decline.

Google 148

Google Cards Millennials Survey 148

PYMNTS

DECEMBER 24, 2019

However, after almost 50 years, it began to fade in the 1980s, disrupted by the emergence of store-branded credit cards. Yet, instead of offering the option to pay now and buy later, the credit cards reversed the order of operation and allowed customers to buy now and pay later over time. That’s not all. Big Brands.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. In another attempt to reach millennials, Kohl’s partnered with Popsugar to launch a clothing line last September. Kohl’s own curated lines will roll out in October with brands Adore Me and pop-up card designer Lovepop.

Millennials 133

Millennials Data social media Branding 133

PYMNTS

JANUARY 1, 2021

The consumers who shopped for anything from groceries to sporting goods to cars in December of 2019 are completely different from the ones who shop today. For the purposes of this exercise, we’re going to describe the “typical” grocery shopper – a bridge millennial, a 36-year-old mom of 1.93 How She Thinks About Timing Her Order.

Study 362

Study Survey Exercises Cards 362

PYMNTS

NOVEMBER 22, 2019

For a customer using a revolving credit tool, such as a credit card, the best outcome is to pay their balance in full each month, which has the benefit of buying now and paying later, with none of the attendant harms like paying an interest fee. However, that usually isn’t the best outcome for the card issuer.

Millennials 158

Millennials Retail Tools Branding 158

PYMNTS

JANUARY 10, 2020

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Millennials and younger generations are digitally minded and want to interact with brands that can answer their personal requests through online and mobile channels.

Millennials 131

Millennials social media Mobile Payments 131

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

JANUARY 20, 2020

Millennials to the Rescue. The experience of buying, sending and receiving greeting cards continues to undergo changes in a world where social media and sparkling, decorated texts often suffice for getting across congratulatory messages. And they’re buying fancier specialty cards, often with personal touches,” the report stated.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. PYMNTS research shows 11.5

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

SEPTEMBER 16, 2019

In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study released just today. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

DECEMBER 11, 2019

adults to possess a credit card , so the warp-speed adoption of mobile card apps has been a comparative blur. In surveying mobile card app usage for the December 2019 Bridging the Gap: Mobile Card App Adoption Report , PYMNTS found a vibrant, growing payments ecosystem. It took 70 years for a majority of U.S.

Mobile 132

Mobile Cards Survey Millennials 132

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. percent of millennials believe it is “very” important to receive payments in real time. percent of consumers who did so in 2019 — an increase of 27.4

Data 277

Data Innovation Payments Millennials 277

PYMNTS

FEBRUARY 14, 2020

11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation. Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

OCTOBER 24, 2019

London-based FinTech firm Revolut partnered with Visa to roll out a multi-currency travel debit card in Singapore, Visa said in a press release on Wednesday (Oct. The new card offers users the ability to spend overseas in over 150 currencies at the real exchange rate and without hidden fees. . by the end of 2019.

Cards 112

Cards Millennials Survey Fintech 112

PYMNTS

APRIL 9, 2020

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big Tech players Apple and Google are starving for share as Q1 2020 usage slipped below an unimpressive 2019. percent in 2019.”. percent in 2019. up from 39.3

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

OCTOBER 1, 2019

The steady drumbeat of tech has brought purchasing from bills and coins to cards and contactless payments – done across all manner of devices and through pushes, taps, swipes and waves, at any time. percent of the bridge millennials and 42.2 percent of bridge millennials were interested, up from 35.4 percentage points to 31.3

Millennials 140

Millennials Payments Groups Study 140

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 Credit cards, however, show the greatest strength. card accounts.

Millennials 124

Millennials Cards Lending Data 124

PYMNTS

OCTOBER 1, 2020

percent in 2019 and 9.5 Many payees want to use voice to direct disbursements to preferred bank accounts, credit cards, debit cards or digital wallets. But as is often the case in the world of voice, those figures go up when one zooms in on a younger demographic, like “bridge millennials” (those between the ages of 32 and 41).

Trends 306

Trends Study Taxes Payments 306

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Customers must buy a minimum of six drinks for $65.

Retail 135

Retail Branding Course Charlotte 135

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 in Q3 2019 .

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

NOVEMBER 30, 2020

Millennials still make up the largest share of shoppers who begin and complete their shopping journeys via mobile phones, but baby boomers make up 28.3 Debit cards surpassed credit cards as the most common method in-store shoppers used to pay for their Black Friday purchases, with 48.6 This compares to 45.1 This compares to 54.3

How To 232

How To Online Google Cards 232

PYMNTS

MARCH 2, 2020

The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6 This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. The number of activated payroll cards in the U.S.

Cards 130

Cards ATM United States Payments 130

PYMNTS

DECEMBER 31, 2019

The PYMNTS 2019 end-of-year survey of 30 executives asked for payment-related predictions that could (theoretically) be placed in a time capsule to be unearthed 12 months hence. We’ve barely gotten through the holiday shopping season of 2019. That shift will be driven, in part, by more card issuance from banks, said Garg.

eBook 170

eBook Millennials Cards Survey 170

PYMNTS

NOVEMBER 19, 2020

In addition, 30 percent of shoppers, including 39 percent of Generation Z and millennials surveyed, would find a BNPL installment pay option a boost this year, according to the report. Klarna allows customers to use the mobile app to create a one-time virtual card at participating stores, which can be used to purchase items.

US 186

US Millennials Branding Retail 186

PYMNTS

MAY 13, 2019

The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among more consumers. During Q1 2019, Zelle sent $39 billion through its network via 147 million transactions, the company said in a news release. P2P Marketing. P2P Impacts.

Payments 198

Payments Apple Cards Course 198

PYMNTS

MAY 22, 2019

In the 2019 edition of the Remote Payments Study , PYMNTS collected and analyzed survey data from 2,300 American consumers to see how shopping habits have changed and evolved from last year. percent of consumers in Q1 2019 used them to make a retail purchase. Most use stored credit cards (38.9 percent) and debit cards (38.7

Mobile 177

Mobile Study Retail Millennials 177

PYMNTS

FEBRUARY 7, 2020

Since November 2019, about 60,000 UK users have signed up for the service, according to the Financial Times Thursday (Feb. It chiefly attracts millennials interested in trading stocks and cryptocurrency. As of December of 2019, Robinhood is now at 10 million subscribers.

United States 150

United States FDIC Millennials cryptocurrency 150

PYMNTS

JUNE 9, 2020

Affirm said that millennials and Generation Z comprise more than half of Affirm’s user base and are “especially suspicious of the fine print and hidden fees linked with traditional banking services.” The company also claims that millennials have an average of $5,000 in credit card debt and a majority have under $500 saved for emergencies.

FDIC 151

FDIC Millennials Google Payments 151

PYMNTS

DECEMBER 24, 2019

And 2019 was no exception. As Green Dot Chief Revenue Officer Brett Narlinger told Karen Webster, the same holds true for banks, particularly when it comes to millennial and Gen Z consumers. It’s been a wild ride for payment and merchant services in 2019. How IoT Can Make Payments New Again. Grab’s Big Payments Journey.

Payments 134

Payments Illinois Mobile Guidelines 134

PYMNTS

JULY 14, 2020

billion in 2019, a 112 percent increase. Merchant revenue margins for fiscal 20 are expected to be in line with or better than the first half of fiscal 2020 and fiscal 2019. Total sales were $11.1 billion in fiscal 2020, up from $5.2 CEO and co-founder of Afterpay told PYMNTS. Today, this trend is repeating itself.”.

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

OCTOBER 20, 2020

percent of consumers will spend more than they did in 2019. percent of millennial consumers say the same. This underscores a widespread desire to avoid more traditional in-store payment options, such as cash or cards, which require consumers to make physical contact with paper bills and POS terminals. percent of responses.

Online 159

Online Millennials Retail Chicago 159