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

DECEMBER 31, 2019

shoppers “finally [beginning] to embrace mobile payments and contactless cards to pay in-store.”. That shift will be driven, in part, by more card issuance from banks, said Garg. Fagan predicted that contactless card adoption will also spur mobile wallet use. Here Come The Millennials.

eBook 170

eBook Millennials Cards Survey 170

PYMNTS

APRIL 3, 2020

Just 33 percent of millennials carry credit cards, for example, but this demographic and Generation Z combine to make up the largest BNPL market user base. These services are beneficial to businesses as well, with payment solutions provider PayPal finding that average receipt sizes rose 15 percent for the retailers that offered them.

Exercises 165

Exercises Payments Millennials Cards 165

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. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

JUNE 25, 2018

But beautiful produce, nibbles and cool playlists aside, over the course of those 17 years I’ve shopped at Whole Foods, I never downloaded their app. Since Saturday, the Whole Foods app has found a new place on my home screen, even though to get the Prime discounts, I didn’t have to download it. Priming the Pump for Convenience.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

MARCH 30, 2020

Debit cardholders often choose this payment method because it is more secure than carrying cash — which cannot be recovered if lost — and may safeguard them against spending more than they have, which is not the case with credit cards. Rising generations show a keen interest in debit cards, according to a new report.

Cards 165

Cards Security cryptocurrency Payments 165

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. Consumers want their orders faster than ever before. The move could also bolster the company’s bottom line.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

MARCH 10, 2020

Between 2018 and 2019, there was a 162 percent increase in buy now, pay later (BNPL) downloads – rising to roughly six million – of the most popular new “layaway” apps by the close of last year. Consumers love the delayed payment options and so do retailers, but the BNPL players themselves are loving their business model, too.

Case Study 135

Case Study Retail Millennials Branding 135

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

DECEMBER 6, 2019

The solutions help SMBs compensate international gig workers through credit cards, digital checks and local bank transfers. Independent and company-hired truckers haul goods across the nation, keeping retailers supplied and in operation. Download the Tracker to read the Feature Story. that wish to pay overseas contract workers.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

NOVEMBER 27, 2017

It’s time to shift gears when it comes to a commonly held perception about millennials and vehicle ownership. After years of believing millennials were disavowing the practice, recent studies indicate the millennial generation is kicking the tires on the concept of owning or leasing their own set of wheels after all.

Trends 120

Trends Mobile Millennials Payments 120

PYMNTS

AUGUST 4, 2016

Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Riders with NFC-enabled mobile phones will be able to download the EASY Card, and for those without NFC-enabled phones, the app will provide a display-generated ticket and one with a bar code.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

NOVEMBER 13, 2019

In an interview with PYMNTS, Mladen Vladic, general manager of loyalty solutions at Fidelity National Information Services ( FIS ), said bridging the gap between a satisfied customer and a loyal one is a matter of urgency for firms across all verticals, but especially for retailers. That’s just not engaging.”. The Mechanics.

Millennials 118

Millennials social media Retail Cards 118

PYMNTS

AUGUST 24, 2018

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

Ohio 103

Ohio Mobile Cards South Carolina 103

PYMNTS

MARCH 5, 2017

Americans have more payment options than ever before, from the digital payment info stored in mobile wallets to credit and debit cards in their physical wallets. And cash’s popularity isn’t limited just to retail purchases. He also noted that the company’s retail partners often have a history of embracing new types of payment methods.

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

AUGUST 21, 2018

The pumps are often grimy, card readers might not work, the air might be frigid or hot, and there may be an odor associated with rubber, petroleum or refuse. Buying fuel is not a desirable purchase,” said Rod Tos, manager of customer payments and card services for energy provider Chevron. million more downloads annually.

Payments 116

Payments Millennials Study Mobile 116

CB Insights

OCTOBER 10, 2018

DOWNLOAD THE 61-PAGE consumer banking REPORT. Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Table of contents: Market map: the startups disrupting retail & commercial banking.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

OCTOBER 16, 2017

That’s the key takeaway from a recent survey of 1,271 credit card holders exploring consumers’ motivation for signing up for credit cards with rewards. More than 27 percent of respondents said a card’s cash back incentive was the “main reason” they signed up in the first place, followed by rewards for travel-related expenses (21.1

Millennials 101

Millennials Branding Cards Retail 101

PYMNTS

MARCH 24, 2020

This is true even for routine transactions, such as transferring money to friends and relatives or making retail payments. Consumers who are dissatisfied with card controls, sending money to friends and relatives and paying bills are all more likely to cite this as their reason, with 24.1 percent, 25.5 percent and 28.9

UX 150

UX User Experience Survey Meeting 150

PYMNTS

SEPTEMBER 21, 2018

To connect with customers, restaurants — or other airport retailers — can hook into Airport Sherpa’s system in two different ways. In one case, the app can be integrated with a retailer’s own point-of-sale (POS) system. Either way, airport retailers can generate incremental revenue by reaching customers throughout the airport.

San Diego 109

San Diego Baltimore Retail Washington 109

PYMNTS

DECEMBER 24, 2018

The findings in the report, which is free for download, comes from the survey responses of 2,800 U.S. Voice-assisted retail is growing faster than many observers expected, and some 27 percent of consumers own a voice-activated device, up from 14 percent last year. 5: With Payment Cards. 10: With Contactless Cards.

Cards 207

Cards Payments Mobile Millennials 207

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Pokémon GO: Pet Rock or Opportunity To Rock Retail? The Summer’s Best Retail Opportunity? . We found one gigundo sizzle and three moderately sized fizzles. Amazon Sellers .

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

MAY 28, 2019

The company integrated GO-PAY into the GO-JEK app, which lets customers store money on their mobile phones, much like a digital debit card. billion – of funds were lost to card fraud in 2018, up from $1.4 Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018. billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JUNE 27, 2016

After all, if people aren’t carrying bills – or even cards – with them, how will traditionally non-digital retailers keep up? To download the June edition of the Vantiv Omnicommerce Tracker TM , click the button below. . About The Tracker.

Retail 104

Retail Maine New York Millennials 104

PYMNTS

SEPTEMBER 11, 2017

The exhausted holiday shopper didn’t hate going to the mall because she had to swipe a card to buy stuff, and the line languisher didn’t get angry because they had to use a chip card to dip and pay. Doing that, Ready said, will mean that merchants must look beyond the “here’s my app — go download it” way of thinking.

How To 159

How To Online Millennials Mobile 159

PYMNTS

JUNE 13, 2018

Elsewhere in the platforms space, one new partnership could mean big things for eCommerce retailers. Millennial consumers have become famous for their preference for new experiences over products, prioritizing trips and excursions over material goods. Turning to the Crowd to Fund Honeymoons. About the Tracker.

Trends 101

Trends Payments Millennials Online 101

PYMNTS

JUNE 11, 2018

Loyalty programs can come with two challenges for retailers: getting consumers to sign up, and then making them feel like the rewards are worth the program. Some merchants are quick to think big to tackle these issues, offering hundreds to thousands of rewards points for the simplest of acts, such as downloading a merchant’s app.

cryptocurrency 141

cryptocurrency Branding Examples Millennials 141

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. To find more on these and the rest of the latest headlines, download the Report. However, the transition into eCommerce is not without challenges.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

NOVEMBER 26, 2018

The GM Marketplace platform provides the navigation and payment features, and has been downloaded some three million times since its launch. Sixty-two percent of bridge millennials say that if an app is convenient, they might use it to pay at a gas station. You just have to set it up once.”. Almost half – or 49.4

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

JUNE 4, 2020

Vaduvur Bharghavan , president and CEO of card services platform OnDot , recently talked with Karen Webster about what financial services will look like in the post-pandemic world — and why things will be very different than what came before. That messaging also includes a pitch for apps as a way to better manage a card.”.

Mobile 141

Mobile UX Cards Payments 141

PYMNTS

NOVEMBER 30, 2017

Initially, when contactless payments were introduced, consumers used them in place of traditional debit or credit cards rather than cash, Cleland said. Alternate payments methods might be gaining popularity among millennials in the U.K., Retailers’ average cost per cash transaction measured as a percentage of cash turnover was 0.15

ATM 165

ATM Payments Analysis Cards 165

PYMNTS

OCTOBER 13, 2016

While mint chocolate chip ice-cream might be the way to a foodie’s heart, MintChip digital currency is not the way to a millennial’s mobile wallet, apparently — at least not in Liberty Village, Toronto. Samsung Pay provides gift cards from Dunkin’ Donuts, and users earn money with its own rewards prepaid card.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

MARCH 19, 2018

His premise knits together a series of storylines that regular readers of PYMNTS are quite familiar with: That the Amazon Effect on retail , despite the company’s 4 percent share of it, is real and that it uses its diversified sources of revenue, like Amazon Web Services, to subsidize its retail business at the expense of traditional retail.

Google 148

Google Apple Retail Millennials 148

PYMNTS

MARCH 2, 2020

For all the differences between finance and retail, that same overriding consideration around providing a better experience around a better value is now pushing its way into consumer-facing financial services. Among bridge millennials, Americans biggest earning and spending demographic, the figure jumps to 41 percent.

Innovation 222

Innovation Data System Mobile 222

PYMNTS

MAY 26, 2017

The lack of payment innovation could increasingly become an issue as more millennials become parents and consider activities for their families. According to a recent study , over 16 million millennial women (born between 1981 and 1997) have children, and that number is expected to grow. About the Tracker.

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

FEBRUARY 3, 2017

Seventy-five percent of retailers in the country now accept mobile payments, 10 percent of domestic transactions use contactless payments, and overall, usage of the payment method is growing at a rate of roughly 1 percent a month. So far, Kadakia said, the company has been pleased with the initial adoption rates for the new payments program.

Payments 100

Payments Mobile Apple Study 100

PYMNTS

DECEMBER 21, 2016

Americans, especially millennials, are hungry for restaurant innovation. Unattended retail technology, or order-at-the-table systems, has become an increasingly popular form of modern technology at restaurants. Click here to download the December 2016 PYMNTS.com Unattended Retail Tracker™. A new kind of tableside service.

social media 100

social media Survey Retail Technology 100