PYMNTS

DECEMBER 10, 2020

Buy now, pay later ( BNPL ) may not be the most used payment option this holiday season, but it’s definitely the fastest-growing and most talked about, as consumers young and old are increasingly turning to the zero-interest or low-cost installment plans to spread out the cost of their purchases. BNPL Offers Are Cheap and Easy to Understand.

Study 173

Study Millennials Survey Online 173

PYMNTS

MAY 11, 2020

That fact is increasingly underlined in a variety of data streams: recent PYMNTS consumer surveys, the earnings reports of the card networks, early information on how stimulus funds are being spent – they all tell the same story of consumers tightening their belts and shifting away from discretionary spending and toward necessities.

Millennials 228

Millennials Retail Groups Survey 228

PYMNTS

APRIL 23, 2019

Traditional banks aren’t mobile-first, and they’re definitely not customer-first. 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.

Millennials 145

Millennials Mobile Study Branding 145

PYMNTS

NOVEMBER 6, 2019

The pop-up shops will be in retail locations of the pharmacy chain in 44 states starting this Friday, and through the conclusion of December, Retail Dive reported. Customers who buy a gift card for a subscription will take away a box that day. The 500 pop-ups Birchbox that will open are temporary for now.

Millennials 101

Millennials Retail Training Cards 101

PYMNTS

DECEMBER 9, 2019

Holiday spending has changed over the past decade as digital payments began to filter into the retail world. Keeping up during this high-volume season can be difficult for retailers when shoppers have unique payment expectations. Retail is all about conversion. Such connections could include buy now pay later (BNPL) solutions.

Millennials 131

Millennials Branding Retail Payments 131

PYMNTS

NOVEMBER 11, 2016

We finally have a definitive answer to the mysterious, canary-yellow marketing campaign Snapchat launched earlier this year. The army of Snapbots are debit card- and credit card-compatible, ready for a new type of Snapchat customer to fork over their payment. The Snapbots are coming!

Millennials 143

Millennials Video Retail Regional 143

PYMNTS

AUGUST 13, 2018

For those who carry either the branded Gap card, or the Gap Mastercard (or anyone who has ever been part of a retail rewards program), the offerings are fairly familiar. Shoppers who use their Gap card get a discount (10 percent off in-store and online), accrue points and enjoy perks like free shipping, exclusive offers and events.

Fort Worth 107

Fort Worth Branding Cards Retail 107

Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. The retailer combines the in-store and app experience to enhance the customer buying process. A regional bank poll of millennials found that not one could name a community institution in their area.

Conference 100

Conference Retail Community Community Bank 100

PYMNTS

JUNE 6, 2019

This makes enabling credit card payments critical and helps cater to those who would opt for pricier tattoos if not limited to funds on hand. “[If It’s easier for them to just let kids get what they want and swipe a card, rather than worry about how much the kids can spend.”. Customers] recognize the reader [I use],” Kim said.

San Diego 137

San Diego Boston Cards New York 137

BankBazaar

MAY 31, 2022

You will usually see BNPL payment plans when you shop online at major retailers and stores. Traditional Credit Card lenders are not far behind. . Millennials and Gen-Z are increasingly looking for flexible modes of payment that allow them to pay back at their convenience. Why Choose BNPL Over Other Payment Methods? .

Millennials 78

Millennials Payments Cards Online 78

PYMNTS

NOVEMBER 16, 2020

We also learned that of those consumers familiar with news of the vaccine, just as many say they definitely won’t or likely won’t get the vaccine (38.4 percent) as those who say they definitely or very likely will (37.9 percent of consumers say they will do more shopping in physical retail or grocery stores, respectively.

Study 270

Study Retail Millennials Conference 270

Independent Banker

JUNE 30, 2022

As house prices skyrocket, student loan debt grows and wages stagnate, many Gen Zers and millennials are watching their homebuying dreams move out of reach. Younger millennials and Gen Z buyers—those born after 1980—represent 45% of the total homebuyer market. By Beth Mattson-Teig. trillion, according to the Education Data Initiative.

Community Bank 143

Community Bank Community Millennials Resources 143

PYMNTS

FEBRUARY 24, 2020

Millennials are also more likely to go the do-it-yourself (DIY) route than consumers from other age groups. Almost three quarters — or 73 percent — of millennials are doing DIY home improvement. For payments, the company accepts credit cards or debit cards through its website, and it uses Stripe for processing.

Tools 146

Tools Milwaukee Millennials social media 146

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. percent of all retail sales. consumers — 47.2 Share of U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

APRIL 12, 2018

market development EVP Linda Kirkpatrick – shared a coffee shop anecdote about waiting in line behind someone who whipped out her debit card to pay for a $2.30 And, Kirkpatrick pointed out, as retail has evolved and EMV has become the ruling standard in the U.S. Consumers like Karen Webster, who – in a conversation with Mastercard U.S.

Retail 128

Retail Cards Millennials Policies 128

PYMNTS

NOVEMBER 10, 2016

Like many other big players in the physical retail space, the company is pushing hard in holiday 2016. Specifically, gaming has emerged as a new and major area this year — with big incentives for expensive consoles like the PS4 and Xbox One — and of course, what is a flashy high-definition gaming system without a 4K TV to display it on?

Course 145

Course Groups Online Trends 145

PYMNTS

MAY 18, 2018

Posts focused on financial service topics relevant to the country’s unbanked, underbanked and millennial consumers, on how to budget and how to start putting funds away into savings. While the personal connections are definitely key, LaBella said there are other factors that go into building trust. What Goes Into Trust?

Community 116

Community Cards Marketing Branding 116

PYMNTS

JULY 23, 2018

Or are the 27 percent of the population — those high-income Bridge Millennials and Gen X-ers with college degrees who are steps away from financial catastrophe — happy, even if they do report feeling more positive about the stability of their financial situation than they did this time a year ago? Sixty-six (66) percent have credit cards.

Cards 122

Cards Groups Report US 122

PYMNTS

APRIL 27, 2016

adults still prefer to use cash for purchases under $5, while 22 percent use debit cards and 11 percent use credit cards. Which age group is most likely to use a credit card for these small transactions? That would be millennials, ages 18–29, with 64 percent saying they prefer to use cards even for transactions under $5.

Taxes 100

Taxes Colorado Alaska Cards 100

FICO

DECEMBER 19, 2017

Just as the Wild Card Round is followed by the Divisional Round in the NFL playoffs , fraud and payments predictions are always followed by New Year’s resolutions. His wallet was a few cards lighter as a result. She uses SamsungPay to hold all of her debit and credit cards, and is pretty happy with that. Will we do so this year?

Fraud 55

Fraud Payments Cards social media 55

PYMNTS

SEPTEMBER 17, 2019

By definition, a pawnbroker offers loans on items that are not accepted as collateral by traditional banks or lenders. At the low end of the spectrum, consumers will pay an APR of 25 percent a month, roughly comparable with a high-rate credit card. Interest rates on pawn loans vary as they are regulated by states.

Ohio 151

Ohio Lending Iowa South Dakota 151

PYMNTS

SEPTEMBER 3, 2018

It’s not about price — coupon a, promo code, discount loyalty programs long touted as the holy trinity of driving retail loyalty don’t have that much effect — in fact, loyal customers pay more 3 percent to 4 percent on average rather than less. Retailers are where these consumers go to find these new products.

Innovation 100

Innovation Branding Retail Regulation 100

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. To PNC , who at BAI Retail Delivery pointed to hiring a behavioral psychologist to review its origination process. Millennials. And definitely include a meme. And the winners are …. THE BANKING AWARDS. The reasons?

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

DECEMBER 10, 2018

Brockway noted that payments are handled through credit or debit card via Stripe technology , but the real magic happens after the consumer makes her reservations. For now, Brockway said her target market is millennials and young families who are digitally savvy, as “this is definitely a new type of intermediary in the travel space.”

Regional 144

Regional Millennials Training Course 144

PYMNTS

OCTOBER 27, 2017

Millennials and recent college graduates often don’t even have a credit card, Burkhart said, so the thought of purchasing a car fills them with trepidation. It’s not just about reaching millennials, said Burkhart. Either way, from the business side of things, subscription commerce is definitely a win. Why Subscription?

Millennials 104

Millennials Industry Resources Branding 104

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” These companies are making it easier to make a budget, invest, and buy stocks, as well as to get loans and credit cards. Robinhood’s clutter-free user interface design is flypaper for millennial audiences. bank accounts.

Tools 78

Tools Millennials US Maine 78

PYMNTS

MARCH 7, 2016

Take physical retail. Who hasn’t gone into a retailer with the intention to buy one thing, only to see a few others that you never knew existed and then end up buying those things instead – and probably also spending more? So what would physical retail look like if it were run like the best online etailers ?

Payments 100

Payments Innovation Software Mobile 100

PYMNTS

JULY 29, 2016

Facebook sizzled incredibly, and the markets definitely noticed. Retail had a good week, both in concept with contextual commerce and Macy’s getting high-tech with a little help from IBM. Millennials. If you’re a millennial, the FinTech world is literally beating a path to your front door. The next step?

Apple 100

Apple Millennials Mobile Fintech 100

PYMNTS

OCTOBER 31, 2016

We now have a bipartisan haranguing of banks — all banks — over their retail banking practices. Cordray’s loose interpretation seems to be that forcing banks to expose APIs that vacuum data from banks, at will, falls under the definition of “electronic forms.”. Prepaid cards are in the “other” category.). And he can do that.

Regulation 100

Regulation Innovation Data Industry 100