PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

NOVEMBER 17, 2017

credit cards, but averages can be a bit misleading. For example, that figure includes a full 30 percent of Americans who don’t carry or use a credit card at all. The average credit card-wielding American carries about four different cards (3.7 Among millennials, that number drops below 30 percent. to be exact).

Millennials 104

Millennials Cards Lending Payments 104

PYMNTS

NOVEMBER 6, 2019

bank account have access to Zelle in their mobile banking app,” Lou Anne Alexander, group president, payments solutions at Zelle operator Early Warning, said in a press release. Venmo Rewards is now offering 5 percent cash back at Target, Sephora, Chevron and Papa John’s, and 4 percent cash back at other retailers.

Millennials 107

Millennials Payments Cards Survey 107

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 138

Retail Data Operations Payments 138

PYMNTS

NOVEMBER 27, 2018

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?

Millennials 130

Millennials Mobile Payments Survey 130

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. and yes, this looks like card data breach. For a time, it seemed as though the brand might be going public, but plans have apparently changed in light of the changing state of brick-and-mortar retail in the U.S.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. operations. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 Top News .

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

DECEMBER 14, 2020

52% : Portion of customers who have made a purchase with new retailers since the pandemic began. 20-25 : Number of verticals in which OMNi hopes to operate down the road. 55% : Share of millennials who are interested in giving digital gift cards this year.

Millennials 160

Millennials Retail Data US 160

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

PYMNTS

JULY 15, 2020

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. This vastly accelerated retail realignment presents challenges — and opportunities — for retailers of all kinds, particularly those dealing in luxury goods, Molnar said.

US 206

US Retail Millennials Trends 206

PYMNTS

JULY 31, 2019

Mobile technology by payments provider ACI Worldwide is a crucial part of the Co-operative Group’s (Co-op) new pay-in-aisle app, the firm said in a July 31 press release. . s largest convenience food retailers, Co-op has more than 2,600 stores and fuel sites across the country. One of the U.K.’s The Co-op was the first U.K.

Retail 139

Retail Millennials Mobile Operations 139

PYMNTS

JANUARY 3, 2017

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. credit cards, 1.3 debit cards and 1.3 store affinity cards. credit cards, 1.3 debit cards and 1.3 store affinity cards. Rewards can help lure customers to a brand and keep them there.

Retail 137

Retail UX Cards Branding 137

PYMNTS

DECEMBER 31, 2020

percent made voice-assisted purchases while shopping for groceries or retail goods in the last 24 hours. 35 percent of retail businesses have experienced an increase in demand. Key Data Points: 60 percent of small restaurant operators have had their revenues decline since the pandemic began. 31 percent bank via app.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. These plans fund retail purchases that consumers can then pay off over time in typically four installments. Find more on these and the rest of the latest headlines in the Tracker.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

NOVEMBER 15, 2017

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

OCTOBER 1, 2019

It’s not hard to find experts who predict that, even with the new date, gas stations will fail to comply with the deadline, which is set by card networks. Before getting into that, though, it pays to understand what’s going on with the EMV deadline in this specific area of retail to get a good sense of context.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

JULY 15, 2019

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Continued development of JPM Coin has garnered interest from customers around the world, especially millennials.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. 25 percent is the projected percentage of customer service operations that will use chatbots by 2020.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

MAY 4, 2017

“The bigger thing on our minds,” Bailey continued, “is how do we inform and educate consumers so they now have access to those services in a whole new way at those very prevalent retail places that they frequent with their families … it’s good for the FIs and also for the retailer in terms of traffic.”. do not accept cash.

ATM 192

ATM Millennials United States Study 192

PYMNTS

DECEMBER 6, 2019

The solutions help SMBs compensate international gig workers through credit cards, digital checks and local bank transfers. Independent and company-hired truckers haul goods across the nation, keeping retailers supplied and in operation. Deep Dive: Redesigning Corporate Payments For Gen Z And Millennial Consumers.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

DECEMBER 20, 2019

In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make it easier for people to shop without having to pony up cash right away. but after almost 50 years, it began to fade out in the 80s, disrupted by the emergence of store-branded credit cards.

Millennials 137

Millennials Retail Tools Branding 137

PYMNTS

JULY 7, 2020

For example, Afterpay, which operates in the United States, United Kingdom, Australia and New Zealand, recently reported that it served 4.4 After all, many younger consumers are wary of traditional credit cards and other loans given that they often earn lower incomes and have less savings than their Generation X or baby boomer counterparts.

United States 131

United States Millennials Examples Cards 131

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. And, beginning next year, they will be able to spend their crypto collections with any of the 26 million retailers currently taking PayPal. Where does Apple Pay stand today?

Apple 149

Apple Maine Millennials Bitcoin 149

PYMNTS

MAY 20, 2019

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

SEPTEMBER 3, 2020

with cash — and consumers are even starting to ditch plastic cards. Of course, large retailers, too, are continuing to invest in accelerating their investments in their digital experiences. For members of the millennial or Generation Z cohorts who are comfortable in the app world, payment preferences boil down to choice and control.

Payments 262

Payments Security Millennials Retail 262

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

NOVEMBER 24, 2017

In the retail world, one pachyderm has been learning to dance in all manner of ways, displaying the chops to tango, watusi and foxtrot as situations demand. But, other numbers matter in the retail world, and here is where there is steak with the sizzle. Small, but smart : Dollar Tree shows smaller can be better in retail.

Retail 128

Retail Mobile Strategy Digital Strategies 128

PYMNTS

JULY 14, 2020

The company, which operates in the U.S., Post-2009, millennials demonstrated a clear aversion to financial risk, especially for lifestyle purchases, resulting in a tangible shift away from credit cards,” Nick Molnar , U.S. Afterpay Ltd. , Its strong performance across the business in Q4 delivered sales totaling $3.8

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. One of the biggest challenges these companies face is that many operate without a bank charter or license. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

MAY 1, 2020

Over 38 percent of consumers are now buying retail goods and groceries online more often than they did before, and 11.3 Yet less than a third of Main Street small and medium-sized businesses (SMBs) are adapting their operations to meet consumers’ post-pandemic expectations. As the pandemic continues to take root in the U.S.,

Maine 141

Maine Millennials Payments Analysis 141

PYMNTS

DECEMBER 22, 2018

The online retailer sold smaller versions of the trees last year, but online orders of Christmas trees made up only a small portion of overall sales of the trees. But online retail sales are hardly the only digital boost that digital technology gives to the sale of live Christmas trees, according to Hundley. Christmas Tree Landscape.

Industry 134

Industry Millennials National Online 134

PYMNTS

NOVEMBER 12, 2018

In the connected age, consumers have more ways to interact with retailers than ever before. The executive also said the retailer saw an “1,000 percent increase” in purchases of pizza slices made through the SmartPay service since January 1. One of the retailers to tap into this technology? stars and 30 customer reviews.

Innovation 186

Innovation Samsung Apple Mobile 186

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

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