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Mobile Payments: Samsung To Tackle Africa And Google The App Landscape

PYMNTS

Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Millennials Eschew Bank Mobile Wallets. The study found that both millennials and non-millennials want to use mobile to manage finances, and cash is becoming less important to both groups.

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SoFi Sees Investor Accounts Double Thanks To Fractional Shares

PYMNTS

The coronavirus-driven market downturn has prompted investing by younger people who see it as an opportunity, the report said, noting a number of other online brokers have also seen an increase in new investor accounts this year. Founded in 2011, SoFi made its reputation by refinancing student loans for millennials.

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Look To Gen Z For More Retail Trend-Setting

PYMNTS

Forget millennials – well, at least for a moment. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. This group is also big on conversations, both online and offline: Engagement Labs finds that they drive 19 percent of purchases.

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eBay Debuts reCommerce Marketplace

PYMNTS

"Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category," said Jordan Sweetnam , senior vice president and general manager for eBay's North America market. The effort is loaded up with product guarantees.

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TRENDING: Putting Car-Shopping, Payments In The Mobile Fast Lane

PYMNTS

It’s time to shift gears when it comes to a commonly held perception about millennials and vehicle ownership. After years of believing millennials were disavowing the practice, recent studies indicate the millennial generation is kicking the tires on the concept of owning or leasing their own set of wheels after all.

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Voice-Activated Tracker: Echo Show, The Speaker Who Would Be King

PYMNTS

The online retail giant is set to release the Echo Show to the world on June 28 of this year. Invoke, like its competitors, can play music, manage calendars and activities, set reminders, check traffic, and deliver the latest news via voice-activated command. percent of all millennials will use a virtual assistant in 2017.

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PayPal Pivots in Response to Heat from the ‘Pays’

Gonzobanker

Are mobile wallets a threat to PayPal’s online payment dominance? This strategic shift — what I’ll call the PayPal Pivot — is the result of PayPal seeing the threat of mobile wallets to its online payment dominance. What’s ironic is that not long ago, PayPal was listed as the most popular mobile wallet among Millennials.

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