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What Hath Bridge Millennials Wrought To Commerce And Payments?

PYMNTS

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What makes millennials tick? Census, millennials are 25 to 34 years old. The reason for that is because data shows a significant difference in payments and commerce between this segment and the Census view of millennials.

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Samsung Electronics Opens Massive Store In India

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Samsung Electronics , the South Korean consumer electronics company, is expanding in India, opening on Tuesday (Sept. According to a report in Reuters , citing Samsung Electronics, the 33,000-square-foot store is located in the southern tech hub of Bengaluru. So we are very much focusing on millennials who cannot afford the flagship.

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Want To Reach Millennials? Embrace Digital Creativity

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Is there a secret sauce for merchants to capture the evolving millennial? One formula that offers engaging consumer experiences, and doesn’t insult the intelligence of millennials, is a combination of private-label debit and rewards or loyalty programs. Reaching Millennials. However, millennials care about more than price.

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Mobile Payments: Samsung To Tackle Africa And Google The App Landscape

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Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Millennials Eschew Bank Mobile Wallets. The study found that both millennials and non-millennials want to use mobile to manage finances, and cash is becoming less important to both groups.

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SoFi’s Trading Volume Surges, User Base Nearly Triples

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The idea here was to give millennials and Gen Z, our target audience, access to a diversified portfolio of new economy companies and gig economy companies,” Noto said. The news comes as Samsung Electronics America, Inc. The virtual card will instantaneously show up in Samsung Pay at the time of approval.

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Five Innovative Ways Consumers Shop In The Digital Age

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And payment innovators are taking note, with Samsung Pay bringing new shopping and rewards features to its mobile payment service. When consumers point their cameras at an object, Bixby Shopping identifies it and directs that shopper to an eCommerce site operated by a Samsung partner. One of the retailers to tap into this technology?

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Look To Gen Z For More Retail Trend-Setting

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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. As a result, digital devices from the likes of Apple and Samsung are popular with this group, as are food and beverage brands.

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