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Deep Dive: Travel, Hospitality Get A Millennial Makeover

PYMNTS

Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. This unique status creates both opportunities and challenges for firms in the space, as millennials search for the experiences they crave. Furthermore, millennials are set to spend $1.4

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Deep Dive: Bridge Millennials And The C-Store Experience

PYMNTS

Convenience store operators would be wise to pay close attention to the purchasing habits of a certain subset of consumer: the Bridge Millennial — the first generation of connected consumers with spending power. Building A Better Bridge Millennial Gas App. percent), credit cards (11.1 So what do BMs want from a gas app?

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Could Online Intermediaries Control The Physical Point Of Sale?

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The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. Consumers won’t be walking up to a cashier after standing in a checkout line to swipe a card when they visit a store.

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Helping Millennials Live Financially Ever After

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That means some of the couples on the platform — no matter how long down the path a partnership is — will also want to have some private separate accounts like credit cards or lending products. Many of the couples came to the service because they knew they needed to start saving an emergency fund, but were unsure of how to get started.

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How Verishop Is Using BNPL To Enable More Convenient Shopping

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Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Millennials have matured financially, but many remain wary of using traditional credit to buy even routine or small-ticket items. How Millennials Are Driving BNPL Growth.

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Deep Dive: How Consumers’ Perspectives On Payment Tools And Financial Wellness Are Shifting During The Pandemic

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These developments may make consumers more concerned than ever about when and how to finance the purchases they need. Looking Beyond Credit Cards. Fifty-nine percent of participants reported having difficulty making ends meet each month, which could make them more wary of pulling out credit cards. .

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From BNPL to RTP, The Year In Payments Ends On Digital-First Note

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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.

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