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.

Millennials 113

Millennials Taxes United States Retail 113

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. Take Target, for instance. Gen Z Trends. That’s not all.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Retail 179

Retail United States Millennials Online 179

PYMNTS

MARCH 30, 2020

Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

NOVEMBER 6, 2020

And this week, Apple is trying to get part of that business. Announced during WWDC in June, Apple One combines the company’s many subscription services such as Music, News and Apple TV into a $14.95 percent with bridge millennials, millennials and Gen Z rounding out the rest at between 13 and 19 percent.

Apple 158

Apple Millennials Groups Study 158

PYMNTS

OCTOBER 23, 2020

It was a busy week for commerce and payments, as Apple Pay turned six and J.P. We have deep dives on Apple Pay, cross-border invoices and J.P. And, beginning next year, they will be able to spend their crypto collections with any of the 26 million retailers currently taking PayPal. Where does Apple Pay stand today?

Apple 149

Apple Maine Millennials Bitcoin 149

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. The latter this isn’t an option for retailers and brands, however.

Millennials 104

Millennials social media Survey Video 104

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.” Retail Response. And retailers are taking note. Mobile Focus.

Millennials 100

Millennials Payments Mobile Retail 100

PYMNTS

OCTOBER 1, 2020

Luxury retailers are seeking ways to entice younger consumers to purchase expensive items in a retail world saturated with inexpensive alternatives. 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.

Millennials 210

Millennials Retail Maine Payments 210

PYMNTS

OCTOBER 6, 2020

With the busy holiday season upon us, we are proud to offer a truly multi-channel payment solution that has proven to bring new customers and increased sales to our retail partners,” Afterpay Global Chief Revenue Officer Melissa Davis said in the announcement.

Millennials 200

Millennials Retail United States National 200

PYMNTS

MARCH 9, 2020

Retail frequently adapts well to the new technologies or tools consumers might be using to shop, but repricing goods to accommodate customers who are wary of overspending is often out of its reach. This is prompting retailers outside the luxury space to explore buy now, pay later (BNPL) options. Brands in Australia, the U.K.

Retail 131

Retail Millennials Cards Branding 131

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.

Apple 133

Apple Payments Study Mobile 133

PYMNTS

AUGUST 26, 2016

Asda Is Thinking About Apple Pay… Maybe. Asda, is testing Apple Pay. has refused to support Apple Pay and instead rolled out its own app, Walmart Pay, for use with iOS and Android in December 2015. Asda is being noncommittal about future plans and is not saying whether there may be a wider rollout of Apple Pay to its 626 U.K.

Apple 100

Apple social media Retail Strategy 100

PYMNTS

FEBRUARY 27, 2020

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

DECEMBER 30, 2020

Another 33 believe D2C retailers have better deals on their websites, while 33 percent say it’s easier to see all of a brand’s offerings on one site: Even better, from the brands’ point of view, is that the consumers most interested in D2C are typically younger, better educated and wealthier than those with less interest in the concept.

Branding 257

Branding Millennials Retail social media 257

PYMNTS

JANUARY 3, 2017

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. There are so many levers to engage consumers” in rewards, said Wind, and whether it is tied specifically to a card or merchant, additional leverage can come through email marketing campaigns or percentage-off programs at retailers. credit cards, 1.3

Retail 137

Retail UX Cards Branding 137

PYMNTS

DECEMBER 31, 2020

The pandemic has changed the rules, however, and merchants have rapidly adjusted to a retail climate in which customers retain significant health concerns. Keeping pace with consumers’ shopping habits has always been necessary for retailers, but adapting quickly has been even more critical during the pandemic. “I

Millennials 167

Millennials Retail Online Payments 167

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. Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. How Millennials Are Driving BNPL Growth.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

SEPTEMBER 24, 2019

The firm’s digital payments and collection service enables merchants to offer unstructured supplementary service data (USSD) and QR code-based mobile retail payment acceptance and immediately receive the revenue. Southwest Airlines recently signed an agreement with two payment companies to enable it to accept Apple Pay.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

NOVEMBER 12, 2018

In the connected age, consumers have more ways to interact with retailers than ever before. The executive also said the retailer saw an “1,000 percent increase” in purchases of pizza slices made through the SmartPay service since January 1. One of the retailers to tap into this technology? stars and 30 customer reviews.

Innovation 186

Innovation Samsung Apple Mobile 186

PYMNTS

JUNE 16, 2016

A lot of fuss is made over millennials and their proclivities toward things being easy. So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Millennials to big banks: No thanks ….

Millennials 100

Millennials Mobile Digital Banking US 100

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.

Mobile 140

Mobile Apple Cards Millennials 140

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

Apple 111

Apple social media Google Video 111

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. 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. Pundits identify bellwether states to predict election outcomes.

Millennials 222

Millennials Study Course Trends 222

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

Millennials 145

Millennials Mobile Study Branding 145

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 noted that the United States alone has about 55 million underbanked or unbanked consumers, while roughly 26 percent of 2019’s retail transactions involved cash. “If

Cards 291

Cards United States Strategy Online 291

Payments Source

APRIL 11, 2016

For many banks, the increasing popularity of mobile payment platforms such as Venmo and Apple Pay, among millennials in particular, should be cause for concern.

Millennials 60

Millennials Apple Mobile Payments 60

PYMNTS

MAY 22, 2019

Once upon a time, it was predicted that the rise of smartphones would spell the end of traditional retail, but that hasn’t really happened. And roughly one-third use their devices to “showroom” — one of retailers’ biggest fears a few years ago — to compare prices at competitors. How are consumers using mobile devices in-store?

Mobile 177

Mobile Study Retail Millennials 177

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. And it will have a considerably smaller footprint than other IKEA locations — while IKEA’s mainline stores can cover 300,000 square feet, its upcoming Big Apple digs are said to be only 17,530 square feet. In the announcement, IKEA Retail U.S.

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

SEPTEMBER 4, 2019

Also, Apple has gained three separate patents related to the Apple Watch. Apple Patents Biometric Watch Band. Apple has gained three separate patents related to the Apple Watch, which would allow for biometric identification, lighted indicators and automatic tightening of the band.

Apple 100

Apple Payments Millennials Security 100

PYMNTS

JULY 31, 2019

s largest convenience food retailers, Co-op has more than 2,600 stores and fuel sites across the country. Co-op customers in 30 food stores in England, Scotland and Wales will be able to scan products on their own device as they shop next month (August), with payment deducted from their Apple Pay or Google Pay accounts.

Retail 139

Retail Mobile Millennials Operations 139

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.

Apple 100

Apple Mobile America Payments 100

PYMNTS

JANUARY 14, 2021

Walmart noted the introduction of smart boxes opens up the possibility of deliveries any day, any time, and although the retailer is not looking up to follow up on that with 24/7 service, Ward did say it has “a nice ring to it.”. Tesco, the biggest grocery retailer in the U.K., Tesco’s Big End To 2020. percent year-over-year.

Meeting 165

Meeting Retail Arkansas Millennials 165

PYMNTS

JULY 21, 2017

While there are still some retailers today that have either a cash-only policy or still take cash, most consumers do not typically carry it on them. 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.

Payments 143

Payments Apple Cards Online 143

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.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

JUNE 9, 2017

The first mobile app being released is Unboxed, which is available on the Apple App Store, and curates a wide array of unboxing and product review videos that creators have uploaded to YouTube and then puts them together in a way that simulates the QVC-style of live video programming.

Mobile 100

Mobile Millennials Video Apple 100

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.

Millennials 77

Millennials Mobile Lending Cards 77