PYMNTS

OCTOBER 23, 2020

Small and medium-sized businesses (SMBs) can accept payments via a mobile program or touch-free card reader with QuickAccept and get the funds immediately. Saving Main Street From Its Downward Pandemic Spiral. Main Streets will have to change to receive the social proof and vibe that made them so successful.

Apple 149

Apple Maine Millennials Bitcoin 149

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 16, 2020

Some 48 percent of consumers said tipping was actually the main reason they still carry cash. For example, 33 percent of retail shoppers favor contactless card technologies for their in-store purchases. percent who would use credit cards and 45.5 percent who would employ debit cards. Merchants Take Note.

Payments 166

Payments Study Survey Cards 166

PYMNTS

MARCH 2, 2018

Several major banks and FIs — including Bank of America, Discover and Wells Fargo, among others — offer cash back rewards on their credit card products to entice customers and encourage brand loyalty. Despite incentives, a new study found debit cards appear to be more popular than credit cards, especially among younger customers.

Millennials 101

Millennials San Diego Cards Retail 101

PYMNTS

OCTOBER 9, 2017

small businesses still don’t accept card payments , found new data from Square. That’s despite a sixth of shoppers using only a card to pay at these small merchants. But 44 percent of small business owners said they don’t believe they’re missing out on sales by not accepting cards, the survey said. . -3 million U.K.

Payments 101

Payments Millennials Survey Cards 101

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

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. The funds can then be deposited into any type of account, including a bank account, prepaid card or digital wallet.

Report 228

Report Payments Millennials Cards 228

PYMNTS

AUGUST 4, 2016

The Department of Transportation will use the back-end support of Cubic Transportation and, in collaboration with Passport, will change the EASY Card revenue management system to allow travelers to buy fares using contactless, check balances on the cards, view account history and manage accounts through a new app.

Samsung 100

Samsung Google Mobile Millennials 100

BankBazaar

JUNE 3, 2020

Considered to be a more nimble version of old-fashioned banking, neo-banks appeal to a more digital-savvy generation like millennials. Traditional banks have many limitations when it comes to offering digital solutions for a targeted audience starting from technological infrastructure to banking regulations. Explore BankBazaar.

Regulation 127

Regulation Cards Millennials Maine 127

PYMNTS

JANUARY 29, 2018

But as technology makes inroads into far-flung payments, as paper gives way to new avenues of getting funds where they need to go – across digital options – the speed bumps go by the wayside. The main impediment to fund flow is tied mainly to the KYC and AML – and any number of other requirements – that can vary by country.

Payments 134

Payments blockchain Maine Examples 134

PYMNTS

DECEMBER 22, 2018

No matter what, though, the present and future of real Christmas trees — even if bought in a weekend frenzy — owes much to digital technology, eCommerce and the consumer preferences of younger buyers. That is helpful especially for “millennial and Generation Xers,” he said. An longstanding adage — cliché? Christmas Tree Farmers.

Industry 134

Industry Millennials National Online 134

PYMNTS

SEPTEMBER 24, 2019

Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

NOVEMBER 25, 2019

Bottomline Technologies , for one, recently released an AI-powered solution designed to help North American businesses. By providing the chat feature, Bottomline customers can enroll in new payment services, including virtual cards and automated clearing house (ACH), while receiving support off-hours. About The Tracker.

Data 176

Data Tools Millennials Analytics 176

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

JANUARY 8, 2021

Research indicates that consumers are recovering some of their financial confidence, with one report predicting a 64 percent year-over-year increase in new credit card applications in 2021. The Tracker also explores what tools and technologies may prove beneficial for lenders looking to meet those needs. Around The Disbursements World.

Lending 163

Lending Examples Tools Meeting 163

PYMNTS

NOVEMBER 12, 2018

Once consumers reach the app’s main screen, they can find photos of the product that is up for sale that day, along with options for colors and sizes, and make a purchase, if they so choose. Mobile shopping game show app Gravy wants to capture the attention of millennials with short game shows almost every night of the week.

Innovation 186

Innovation Samsung Apple Mobile 186

PYMNTS

FEBRUARY 1, 2019

He added, though, that Venmo Card and Pay with Venmo are also “growing really, really nicely,” and that the “commerce side of Venmo” is gaining traction, including food delivery transactions that involve Grubhub and Uber Eats. Any merchant that accepts Mastercard payments can accept the Venmo cards. Zelle Bank Gains.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

AUGUST 14, 2019

This newest P2P offering follows last year’s move by Venmo to add an option to make an instant transfer through a debit card, which would get the money to a bank account in minutes for a 1 percent fee, with a minimum of 25 cents and a maximum of $10. Zelle Trends. Venmo, of course, is not the only major P2P player in the game.

Payments 124

Payments Trends Cards Comparison 124

PYMNTS

DECEMBER 24, 2019

For the annual holiday exercise at PYMNTS (describing the 12 main or most exciting ways to pay in 2019), it is clear that what has happened this year will have big implications for the new decade. The company has an option to transfer money to the bank without a debit card for the same fee. Past is prologue. Now, more U.S.

Cards 160

Cards Payments Study Examples 160

PYMNTS

SEPTEMBER 25, 2019

There are solutions — low limit “toy cards” that keep new customers on a very short financial leash of a few hundred dollars, securitized cards that required an initial deposit, high-interest personal loans — but they tend to be expensive and limited. The Path Forward.

Data 122

Data Resources Cards Security 122

PYMNTS

JUNE 8, 2016

As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them. This is due, in large part, to our pioneering partnerships with FinTech companies and card program managers. PR: First, we look in our own backyard.

Innovation 100

Innovation Millennials Cards Fintech 100

PYMNTS

APRIL 18, 2017

From selfie authentication to finance tools that respond to emojis to computer-generated avatars that look and act like real people, new technological tools are giving digital banking a makeover. The April PYMNTS Digital Banking Tracker™ looks at the various ways technology is changing the digital banking landscape.

Report 110

Report Digital Banking Tools Technology 110

PYMNTS

AUGUST 18, 2017

In Australia, cash and card-based payments have long been playing tug-of-war. In 2017, however, the balance seems to be tilting away from cash with contactless card-based payments powering close to a third of POS transactions. So, is this the beginning of the end for cash Down Under? As it turns out, not really. About the Index.

Report 100

Report ATM Analysis Cards 100

PYMNTS

MARCH 8, 2018

Pacing and fear are the two main factors holding payments back, said Dorchester. The payments industry is moving so quickly, he said, that business owners and consumers alike are having a hard time keeping up with the technology. On top of that, there are many who don’t want to keep up with said technology due to fear.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

OCTOBER 4, 2017

Financials services firm Visa and payment processing company Vantiv recently partnered to offer small businesses a new service called FastAccess Funding that enables merchants to have settlement payments directly deposited into their debit cards instead of waiting for funds to arrive following ACH processing.

Report 101

Report Millennials Payments Trends 101

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

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.

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

SEPTEMBER 6, 2019

It’s not the last-mile delivery that’s the main problem — as Tabis told it, he sees the challenge more as a 3,000-mile problem. Nowadays, there is a consciousness in the consumer base (about sustainability), especially in millennials and post-millennials. Eventually, this will be a table stakes factor.

Millennials 108

Millennials Course Industry Operations 108

PYMNTS

DECEMBER 21, 2020

Just as many boomers have made the digital shift as millennials, and as many of those living in big cities and towns have made the shift as those living in less populated areas. Contactless cards are regarded as decision-drivers for shopping in a physical store 7.5 And the Pays still haven’t. 25-31, 2020.

Apple 227

Apple Study Innovation Survey 227

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

AUGUST 4, 2016

Ask a millennial about their checkbook and you’re likely to learn they don’t use one. Another study by WePay found that 52 percent of millennials never use checks. The Tracker highlights the contribution of different stakeholders, including institutions and technology coming together to make this happen.

Mobile 100

Mobile Payments Millennials Study 100

PYMNTS

OCTOBER 20, 2016

Payments providers need to bring the traditional card to life and create a real-time interactive experience for consumers.”. consumers trust traditional card providers the most, followed by providers like PayPal, banks and established tech companies. But in Calgary, a technology by PayBySky will at least take care of the payment.

Apple 100

Apple Mobile America Payments 100

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. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

APRIL 22, 2016

Particularly favored as a potential marriage that makes sense is a pairing of Acorns with Venmo, since they share a target audience of millennials with a mobile-friendly outlook. And with millennials as its targeted audience, there’s still room for mighty oaks to grow. Card-on-file was the most common “other” in this category.

San Jose 100

San Jose Mobile Retail Survey 100

ZootBlog

MAY 6, 2016

Biometrics technology creates a better user experience because authentication is faster and easier than remembering countless user names and passwords or going through the motions of answering KBA questions. What about their use in our everyday lives? The good news is that consumers are warming to the idea in other areas of their lives (i.e.

Security 60

Security User Experience Millennials Maine 60

PYMNTS

SEPTEMBER 21, 2016

And its popularity with young consumers (77 percent of millennials used mobile banking within the past month) means that more consumers are likely to embrace these new practices each year. Today, Alexa and Siri, because of authentication issues, largely aren’t there yet, but our virtual assistant, Eva, is.”.

Digital Banking 100

Digital Banking Mobile Apple Millennials 100

PYMNTS

NOVEMBER 16, 2020

Across generations, PYMNTS’ research found that 40 percent each of Gen Zs, millennials and bridge millennials (respondents born between 1979 and 1988) say that they either won’t or likely won’t get the vaccine, 25 percent more than those who say they very likely or likely will. The remainder were somewhat likely. Or something.

Study 270

Study Retail Millennials Conference 270