article thumbnail

Reimagining The Bar Experience Without The Booze 

PYMNTS

percent it fell in 2017 according to IWSR, an industry tracker for the drinks market. . Both Anheuser Busch and Boston Beer Company (better known as Sam Adams) have released their own versions of spiked seltzer. Folks in the Millennial generation have maybe a better sense of balance. In 2019 alcohol consumption in the U.S.

article thumbnail

As Bill Payments Go Digital, The Rental Industry Still Lags

PYMNTS

trillion in 2017, and that could nearly double by 2021 — online billing platforms are rushing to incorporate payment processing capabilities into their offerings. Younger consumers are leading the way when it comes to online bill payments, with 61 percent of those payments coming from millennials. bills paid online.

Industry 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

PYMNTS

Passport has designed similar mobile applications for the transportation systems in Chicago, Toronto and Boston. 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.

Samsung 100
article thumbnail

Gradifi CEO On Disrupting Student Loan Disruption

PYMNTS

The shouldered load can be eye-popping, as the class of 2017 owes, on average, $40,000 in student loans. One, he said, is the millennial who has recently graduated and has existing debt. It’s been well documented that student loans are the second largest source of consumer debt, after mortgages. What’s On Offer.

Study 170
article thumbnail

How Platform Payments Are Reimagining Rentals

PYMNTS

Consumers, particularly millennials, are increasingly paying their bills online. According to research from 2017, more than 50 percent of bills in the U.S. are paid online, with 61 percent of those payments coming from millennials. Why, then, does the rent check endure? There’s room in the market for multiple successes.”.

Payments 100
article thumbnail

Club Monaco, Pop-Ups And Powering Enhanced Retail Experiences

PYMNTS

Since shortly before Christmas 2017, the brand has been pushing health, home and beauty- themed pop-up shops in its flagship store on New York City’s Fifth Avenue. Cities currently slated to feel the power of in-store pop-ups include Boston, Los Angeles, Toronto and Montreal. Pop-up stores.

Retail 101
article thumbnail

12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.