Remove Cards Remove Millennials Remove Online Remove United States
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Gift Cards Poised For Big Role In Post-Pandemic Purchasing

PYMNTS

Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option. Digital Gift Cards ’ Growth. For instance, people are simply directing more spend at gift cards this holiday season. Not All ‘Gift’ Cards Are Gifts .

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Outback Steakhouse Debuts Curbside Gift Card Concierge

PYMNTS

Outback Steakhouse has rolled out a new “curbside concierge” option for holiday gift card shopping, according to a Monday (Nov. Customers call ahead or go to their nearby restaurant and drive into a set gift card drive-up parking spot with the service. Customers who purchase $50 in gift cards up to Dec. 30) announcement.

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BNPL Is Poised To Light Up The COVID Holidays With Affordability

PYMNTS

Buy now, pay later financing services can play an important role in motivating consumers to make purchases, particularly the key demographic of millennials,” the report states. Bridge Millennials Crossing Over To BNPL. How they use credit and how they feel about it, however, is what sets millennials apart from other demos.

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OAK + FORT: Flexible-Payment Plans Boost Luxury Purchases

PYMNTS

Many consumers are shying away from physical stores, however, leaving these high-end merchants scrambling to develop strong online presences. Customers from these generations often seek to avoid the debts and fees that accompany credit cards, too, making them less likely than older consumers to use credit cards.

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Afterpay Teams With Simon Before Holiday Shopping Season

PYMNTS

“Our new in-store solution is yet another way to support merchants by offering a powerful budgeting tool that allows shoppers to spend their own money over time — whether they prefer to buy in a physical store or online.”. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

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Mastercard Card Clearing In China, Unattended Retail, Rapid Settlements Top This Week’s News

PYMNTS

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. Wells Fargo CEO Reorganizes Business Units.

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Razer Gaming Company Teams With Visa For Online Payments

PYMNTS

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users make payments all over the world, according to reports. The region is also the home to more than 213 million millennials.

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