PYMNTS

FEBRUARY 14, 2020

11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation. Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

JANUARY 28, 2021

A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. The use of Apple Pay, Google Pay and other digital wallets has also been on the upswing since the start of the pandemic.

Innovation 187

Innovation Millennials Payments Mobile 187

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

OCTOBER 6, 2020

Shoppers can start a purchase in stores by selecting the card icon in the Afterpay mobile program, which activates the Afterpay card that can be used for purchases via Google Pay or Apple Pay. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

Millennials 200

Millennials Retail United States National 200

PYMNTS

OCTOBER 18, 2019

Plans are afoot at Google to make the consumer experience better – and while that happens, millennials are increasingly turning to debit , which could have wide implications. Data: 1-5%: Card-authorization rate increase via pre-authorization risk checks.

Millennials 104

Millennials Payments Google Retail 104

PYMNTS

JUNE 9, 2020

The alternate payment company said the offering is available through its app, which users can download from the Google Play Store or App Store. Affirm said that millennials and Generation Z comprise more than half of Affirm’s user base and are “especially suspicious of the fine print and hidden fees linked with traditional banking services.”

FDIC 151

FDIC Millennials Google Payments 151

PYMNTS

AUGUST 20, 2019

Data: $800 billion+: Market cap of Google parent Alphabet. percent: Share of millennials who use mobile apps most frequently for planning in-store purchases. 18 percent: Average current interest rate for credit cards. 80 percent: Portion of SMBs that still use paper checks for B2B payments.

Payments 130

Payments Millennials Google Lending 130

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. Et tu , Millennials? percent, which equates to $9.6

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

SEPTEMBER 15, 2020

That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers. For example, if I should lose my card, I should be able [to] get a replacement, get it instantly pushed to my digital wallet and be able to activate it instantly online.”.

Fintech 224

Fintech Idaho Apple Google 224

PYMNTS

JULY 1, 2020

But one thing is clear: Americans would be willing to dispense with their local bank and make Amazon , Apple or Google their primary payment account provider if those 21 st -century accounts allowed them to more easily manage and spend their money. The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. .

Survey 183

Survey Cards Millennials ATM 183

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

OCTOBER 7, 2019

With the app, Affirm users can shop at almost any retailer by creating a onetime-use virtual card instead of being limited to shops that have Affirm integrated at checkout. . The app also gives users the ability to pay at any brick-and-mortar store that accepts Apple Pay or Google Pay. .

Payments 139

Payments Millennials Retail Cards 139

PYMNTS

FEBRUARY 20, 2020

Google, Amazon and Apple already loom large in nearly every area of consumers’ lives, whether in the form of smart speakers, cloud-computing or content streaming services — just to name a few. This represents roughly $2 trillion in annual credit and debit card volumes. Among Bridge Millennials (between 30 and 40 years old), 41.1

Cards 146

Cards Data Management Mobile 146

PYMNTS

JULY 31, 2019

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. especially in urban areas and among millennials,” said Andrew Quartermaine, vice president, ACI Worldwide.

Retail 139

Retail Mobile Millennials Operations 139

PYMNTS

SEPTEMBER 16, 2019

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. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. US Bank, for example, began offering its customers a bank-by-voice feature available through Alexa, Siri, and Google Assistant in 2018. Another service being offered to help prevent elder financial abuse is controlled cards.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

JANUARY 14, 2017

The world would be Google-less without Sergey and Larry maxxing out their credit cards to buy more space on servers. It could be that people — particularly millennials — are confident they are going to die debt-free because they are equally confident they are about to live their entire adult lives without ever once being credit-worthy.

Millennials 100

Millennials Data Cards Study 100

PYMNTS

DECEMBER 22, 2018

That is helpful especially for “millennial and Generation Xers,” he said. insists that younger consumers, especially millennials , value experiences over mere things, and gravitate toward products seen as organic, sustainable and recyclable. (In Hand-held credit card machines are a wonderful thing,” Hundley said.

Industry 134

Industry Millennials National Online 134

PYMNTS

OCTOBER 21, 2020

The consumer electronics side excludes some key brands, such as Apple, Samsung, Dell, Google and Sony. Last week, the company reported that its online business is up nearly 100 percent compared to last year, in part due to demand from millennials who prioritize renting or buying used products over purchasing new gear.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

SEPTEMBER 20, 2018

Almost half – 43 percent of high-income millennials – said they would be more likely to visit a gas station if its app offered them convenience, loyalty and savings, according to the PYMNTS Paying At The Pump report. percent – use Google Maps’ mobile app for gas. Fortune called the tie-up “a victory for Google.”

Mobile 140

Mobile Payments Google Millennials 140

PYMNTS

MAY 22, 2019

Most use stored credit cards (38.9 percent) and debit cards (38.7 Usage of Apple Pay and Google Pay stayed fairly consistent over those three quarters. percent of bridge millennials bought via smartphone. percent) and millennials had the highest usage of mobile generally (9.0 percent in Q1 2018.

Mobile 177

Mobile Study Retail Millennials 177

PYMNTS

FEBRUARY 13, 2020

Among the key focal points for NCR looking ahead lies expanding card management and commerce capabilities. It’s really about extending out the capability of your card to the commerce ecosystem,” he said. Conventional wisdom may hold that millennials want a purely self-service experience when it comes to their financial lives.

Millennials 231

Millennials Digital Banking Mobile Course 231

PYMNTS

NOVEMBER 11, 2016

The army of Snapbots are debit card- and credit card-compatible, ready for a new type of Snapchat customer to fork over their payment. It’s not just millennials and post-millennials using a free service any longer. Snapchat may just get the best of both worlds. The question is, will the product sell?

Millennials 143

Millennials Video Retail Regional 143

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

Regional 241

Regional National Cards Mobile 241

PYMNTS

MAY 28, 2019

Much thought is given to millennials and even Generation Z — consumers who were born during fixed periods of time, and who are having an increasing impact on payments and commerce. a prepaid mobile payment app designed for teenagers, available via the Google Play store. million in fresh capital.

Digital Banking 139

Digital Banking Google Mobile Groups 139

PYMNTS

AUGUST 9, 2019

For Mastercard , the acquisition furthers its continued strategy to move well beyond cards, to deepen its presence in account-to-account activity and to extend its position beyond credit and debit cards. Weddings, the Millennial Way? Why Mastercard Acquired Nets. Bank Regulators Probe Amazon Cloud. Trackers and Reports .

Apple 115

Apple Virginia Regulation Millennials 115

PYMNTS

JULY 30, 2019

Millennials and members of Generation Z are particularly comfortable with voice-activated devices , with 25 percent of consumers aged 16 to 24 using smartphone-based voice assistants such as Siri or Cortana. Bensen processes each request, learns customers’ favorite orders and charges the appropriate card registered with Amazon or Google.

Technology 119

Technology Mobile Google Software 119

PYMNTS

JULY 21, 2017

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. Finance’s Head of Cards, Richard Koch, commented on these findings and shared future projections for this trend.

Payments 143

Payments Apple Cards Samsung 143

PYMNTS

JANUARY 19, 2018

Fifty dollars, a paper check or a gift card stuffed into a greeting card feels very impersonal, and is largely saved by the fact that it can be delivered in person. It then added other gifting mechanisms, like prepaid and gift cards. But while millennials do use Vouchr, they’re far from alone.

Cards 121

Cards Millennials User Experience Video 121

PYMNTS

DECEMBER 7, 2017

Discover has announced that transactions via the new Apple Pay Cash card will leverage its network. Even millennials are too old for Facebook’s latest release, a just-for-kids messaging app called Messenger Kids. They created another mask using just 2-D and 3-D printers, at a cost of around $150, which tricked the technology easily.

Apple 111

Apple social media Google Video 111

PYMNTS

APRIL 30, 2020

Customers can use mobile banking services to do everything from check account balances and pay bills to temporarily shut down misplaced debit cards. Data from a 2018 survey showed that 43 percent of millennial consumers had given up on mobile banking activities that felt too complicated or lengthy, for example.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

JULY 10, 2019

Kohn said that he felt like Asian flavors were on trend after research, especially with millennial crowds and those in the demographic looking for out-of-the-box flavor profiles. Through the site, customers can pay with PayPal, Google Pay and card payments. They want something different,” Kohn said. The Meat Snack Market.

Innovation 140

Innovation Payments Millennials Retail 140

PYMNTS

JUNE 6, 2018

When Shake Shack announced it was debuting a digital-only location , it seemed likely enough that it would work: Its clients are urban-based, largely millennial and demonstrably mobile order-ahead friendly. Only debit and credit cards. This is bad for high school kids and people that do not have a debit card or credit card.

Mobile 116

Mobile Cards Innovation Millennials 116

PYMNTS

JANUARY 3, 2017

credit cards, 1.3 debit cards and 1.3 store affinity cards. And of those 500 users, 38 percent said card usage is driven by how much cash they have on hand; another 25 percent said their choice to use plastic is driven by the rewards that come with those chosen payment methods.

Retail 137

Retail UX Cards Branding 137

PYMNTS

FEBRUARY 18, 2019

I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital brands in the world – including Google , Facebook and Square. own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials.

Cards 169

Cards Course Study New York 169

PYMNTS

FEBRUARY 28, 2019

They pay using Apple Pay, Google Pay , Venmo, a credit card or a debit card. To purchase a ticket from the company through LastCall (or in general), users select a listing before they arrive at a checkout page. Overall, Griffith said the company is constantly innovating around payment types and checkout speed.

Trends 109

Trends Millennials Apple Google 109

PYMNTS

FEBRUARY 11, 2020

Customers participate through a customer intake program in the Nordstrom New York City store in exchange for Nordstrom gift cards that can be spent at its signature brands as well as its owned brands HauteLook and Trunk Club. It is playing the sustainability card this year, with Fashion Footprint Calculator.

New York City 124

New York City Marketing New York Los Angeles 124