PYMNTS

SEPTEMBER 18, 2019

Among the forces working to influence and change retail — and do so into the 2019 holiday shopping season, as well as the 2020s — is the rise of bridge millennials. Having had the time to establish their careers, they enjoy higher spending power than younger millennials, who are just now dipping their toes into the professional world.

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PYMNTS

JULY 28, 2017

Millennials. million millennials, as reported by Pew Research Center , obtaining, maintaining and retaining consumers from this particular consumer segment is the golden ticket for retailers. As such, a key demographic of the millennial population on which retailers may want to zero in: the Hispanic group. With approximately 79.8

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PYMNTS

APRIL 27, 2017

Just as marketers started to get the hang of this newfangled “millennial” crowd, the next generation comes along to shake things up with different values, preferences and spending patterns. Some call them Generation Z, some call them post-millennials. But the real surprise here comes from post-millennial media viewing numbers.

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Millennials social media Survey Video 104

PYMNTS

OCTOBER 20, 2020

20th) is Apple Pay ’s sixth birthday – a day that finds the digital payment method carrying a bit of the same air of great expectations that came with its launch in 2014. But, as it turned out, even Apple didn’t have the power to change people’s payments preferences. Apple’s New Numbers Grove. Tuesday (Oct. 23 and Sept.

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PYMNTS

DECEMBER 27, 2018

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What Makes Millennials Tick? Among the most influential drivers of retail change is a subset of consumers PYMNTS identifies as “ Bridge Millennials.” Take those bridge millennials. Retail Response. And retailers are taking note.

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PYMNTS

DECEMBER 7, 2017

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it. It’s finally here: with the iOS 11.2

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PYMNTS

OCTOBER 6, 2020

“Our new in-store solution is yet another way to support merchants by offering a powerful budgeting tool that allows shoppers to spend their own money over time — whether they prefer to buy in a physical store or online.”. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

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PYMNTS

OCTOBER 1, 2020

Millennials and Generation Z consumers are embracing buy now, pay later (BNPL) plans as a way to responsibly purchase items without incurring fees or debt in the process. In fact, 93 percent of millennial BNPL app users have not been subjected to late fees. Afterpay retailers are listed in an online directory that its 8.4

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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. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

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PYMNTS

DECEMBER 31, 2020

This means that affected consumers are searching not only for retailers that are offering deals but also for merchants that provide flexible payment methods online and in stores. This development is notable because it illustrates consumers’ growing familiarity with and trust for BNPL methods for both online and in-store sales.

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Millennials Retail Online Payments 167

PYMNTS

NOVEMBER 5, 2018

New online holiday shopping projections from Adobe have found that eCommerce in the United States during that period will increase 14.8 Offline And Online Cozy Up. Among them is the appeal of offline-and-online shopping combinations. It’s easy to overestimate millennials’ engagement with technology,” he said. and 10 p.m.

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PYMNTS

DECEMBER 11, 2020

Some 55 percent of millennials report being interested in giving digital gift cards this year, while 67 percent report hoping to receive one. Mao said 2020’s increased online shopping is also pushing up gift card demand among consumers looking for alternative ways to transact digitally. “We That’s a 19 percent pick-up over last year.

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Cards United States Strategy Online 291

PYMNTS

SEPTEMBER 15, 2020

Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping to learning to managing their financial lives online. That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers.

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PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

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Payments Millennials Survey Trends 260

PYMNTS

APRIL 23, 2019

This might be a ploy to retain T-Mobile customers, but it’s also intended to appeal to consumers without any real affinity for a more traditional financial services provider, including the highly coveted millennial, as well as the unbanked and underbanked. One in five consumers agreed with online retailers serving as FIs, while 27.5

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Millennials Mobile Study Branding 145

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. This group is also big on conversations, both online and offline: Engagement Labs finds that they drive 19 percent of purchases.

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Retail Trends Millennials Survey 148

PYMNTS

DECEMBER 30, 2020

College-educated shoppers also outpace those with only high-school degrees or less, while bridge millennials, millennials and Generation Zers expressed greater interest than Gen-X and Baby Boomers did. Nike’s digital engagement goes beyond merely selling products online. Maybe it’s apples that don't even have bruises, but.

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Branding Millennials Retail social media 257

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 percent of “online natives,” those who begin and complete their shopping journeys via computer. Conversely, the share of online native shoppers grew from 21.9 percent to 25.7

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PYMNTS

AUGUST 13, 2019

What is happening in the world of gaming now, Burkart noted, was very much foretold by what occurred in the worlds of music and movies, respectively, with the rise of services like Netflix, Apple Music, Prime Video and Spotify. Less than 20 years ago, customers regularly had extensive collections of CDs and DVDs.

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PYMNTS

MAY 13, 2019

Although digital P2P adoption first caught on with millennials, adoption of P2P services continues to rise among all generations. But Apple Pay has a major drawback: It requires specific, later-generation Apple hardware and software,” the report added. Apple has released only a few, semi-specific figures for Apple Pay.

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Payments Apple Cards Course 198

PYMNTS

AUGUST 9, 2019

Then, there are Bridge Millennials. Bridge Millennials are a unique group of consumers, comprised of individuals between 30 and 40 years of age who exhibit cultural characteristics of both Generation X and Millennials. Among the Bridge Millennials in our study, 37.8 percent say they would trust Apple.

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Data Millennials Google Apple 155

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. Apple Pay, Walmart Pay Go Unused Amid COVID-19 Frenzy.

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PYMNTS

JULY 21, 2017

The data also shared that 56 percent of millennials do not feel comfortable carrying cash in their wallet, which could be due to concerns of either spending it all too quickly or losing it. With Apple Pay and Android Pay also taking a bite out of the online payment technology space, it’s looking more and more like cash will become obsolete.

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Payments Apple Cards Online 143

PYMNTS

JANUARY 16, 2020

Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Millennials have matured financially, but many remain wary of using traditional credit to buy even routine or small-ticket items. How Millennials Are Driving BNPL Growth.

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Millennials Mobile Retail Branding 130

PYMNTS

NOVEMBER 12, 2018

Connected devices are becoming ingrained in consumer shopping habits: More than 50 percent of shoppers made online purchases in seven of 13 product or service categories in the past seven days, according to the PYMNTS How We Will Pay Report , while 20 percent went online with mobile apps to buy food to eat at home.

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Innovation Samsung Apple Mobile 186

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. . The results? This prospect represents risks and opportunities for FIs.

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Survey Cards Millennials ATM 183

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo raised $12 million in a funding round led by Stripe, and also including existing investors Y Combinator and Global Founders Capital, and new investor Bedrock Capital. Apple And Epic’s Battle May Head To Trial in 2021. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season.

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Payments Apple Survey Seattle 148

PYMNTS

OCTOBER 21, 2020

The consumer electronics side excludes some key brands, such as Apple, Samsung, Dell, Google and Sony. To expand gently used gear to more members across the country, REI launched its online reCommerce business in 2018, supplementing its members-only Garage Sale events in its stores. The effort is loaded up with product guarantees.

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Branding Samsung Meeting Millennials 192

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

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Millennials Mobile Lending Cards 77

PYMNTS

OCTOBER 20, 2016

Although millennials and mass affluents are obvious early adopters, the survey found that all consumers are open to digital payments. NFC World reported that 12 percent of those polled prefer PayPal while retail-branded apps are second at 9 percent and Apple Pay is at 4 percent.

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PYMNTS

OCTOBER 8, 2020

But marquee names such as Apple and Amazon have entered the fray. There’s fragmentation in the market too as 40 percent of millennials do not have a primary care physician. For individuals, “it's not just brick and mortar anymore, and therefore they want everything to be more digital,” he said. There’s a net financial impact here, too.

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Payments System Millennials Apple 298

PYMNTS

JULY 16, 2019

AT&T’s WarnerMedia is planning to launch HBO Max, while Disney+ and Apple TV will also start giving Netflix a run for its money soon. Streaming is by far the most common subscription service (70 percent), while online games (30.6 The online gaming market is valued at approximately $15.3 percent) and online gaming (83.3

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Millennials eBook Online Study 141

PYMNTS

JANUARY 14, 2021

percent of grocery shoppers are ordering groceries online to be delivered at home more now than they did before the pandemic began, while 21 percent are ordering grocery for curbside pickup more than before, and 11.9 percent are ordering groceries online to be picked up in-store more than they did before. Our research shows 22.7

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Meeting Retail Arkansas Millennials 165

PYMNTS

MAY 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. Half of global online transactions are expected to take place in Asia this year. By 2021, close to 90 million – or 86.5 Just under $3 billion – or $2.7

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Apple Mobile Fraud Branding 159

PYMNTS

FEBRUARY 13, 2020

The conversation came against a backdrop where NCR has been moving more deeply into mobile and online banking. However, the branch experience does need to evolve, he noted, as FIs see their own customer demographics shift toward younger, tech-savvy millennials.

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Millennials Digital Banking Mobile Course 231

PYMNTS

DECEMBER 2, 2020

What had been an orderly progression of corporations and institutions building trust face-to-face around their brands, as consumers eased into using a multi-channel model that combines in-store with app or online experiences, has now arrived at a place of unprecedented consumer comfort with a digital lifestyle.

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Fraud Branding Millennials Technology 256

Banking 2020

JANUARY 30, 2015

Major banks cashing in on Apple Pay potential: In the near future, we may see banks spend more money and time showcasing their newest capabilities, particularly those which relate to Apple Pay. Spotlight Apple Pay banking digital banking millennials mobile banking online banking payments technology'

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