PYMNTS

SEPTEMBER 29, 2020

The retail ecosystem has been turned upside down over the past six months as changes big and small rippled through the segment worldwide in response to the pandemic. Consumers are shopping more online , are increasingly interested in contactless payment methods and are showing up in stores to buy, not to browse.

Millennials 251

Millennials Retail Online Branding 251

PYMNTS

MAY 26, 2020

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

Millennials 153

Millennials Study Groups Survey 153

PYMNTS

AUGUST 13, 2019

However, it can’t be used for in-app payments. This can’t be interpreted as an oversight, considering a new PYMNTS report about “ everyday apps ” found that mobile users rarely make in-app payments. Offering an app doesn’t a guarantee retailers popularity or loyalty, though. Convenient? A majority (53.0 Nearly half (48.6

Retail 181

Retail Millennials Mobile Payments 181

PYMNTS

NOVEMBER 6, 2019

Peer-to-peer ( P2P ) payments are exploding. P2P payment network Zelle’s Q3 results show its year-over-year payment values rose by 58 percent, while transaction volume increased by 73 percent. Last month, Bank of America revealed that it saw a 76 percent year-over-year increase in Zelle payments in Q3.

Millennials 107

Millennials Payments Cards Survey 107

PYMNTS

MARCH 30, 2020

Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

NOVEMBER 11, 2020

Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. The BNPL market includes Klarna, Splitit, Openpay, FuturePay, Sezzle, Affirm, Quadpay, and others. It also teamed up with major retailers across the U.S.

Retail 222

Retail Charlotte Branding Millennials 222

Bank Innovation

DECEMBER 20, 2018

On the surface, a financial services marketing strategy is not completely different than a marketing strategy for any other industry. A financial services marketing strategy must be more rigorous and well-thought-out in order to be successful.

Marketing Strategies 170

Marketing Strategies Strategy Marketing Millennials 170

PYMNTS

JANUARY 12, 2021

It also analyzes how these shifts could create more opportunities for nontraditional lenders, especially those that have embraced digital or instant payment methods. This increased familiarity with digital payments is still somewhat offset by recipients’ perceptions of whether lenders can fulfill these expectations, however.

Millennials 239

Millennials Payments Lending Study 239

PYMNTS

AUGUST 23, 2019

Adyen Gains Traction With Mid-Market Firms. Dutch payments processor Adyen showed significant double digit, first half gains, driven by online commerce and global business from mid market firms. So far, Amazon has invested more than $6 billion in India’s growing internet market.

Marketing 116

Marketing Millennials Payments Compliance 116

PYMNTS

DECEMBER 3, 2020

Yet, the two most connected consumer groups — bridge millennials and superconnected consumers — have changed their habits the most. Both bridge millennials and superconnected consumers own more connected devices than the average consumer and are considered to be on the cutting edge of digital adoption.

Millennials 211

Millennials Groups Study Retail 211

PYMNTS

FEBRUARY 14, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

FEBRUARY 12, 2019

For consumers, and increasingly for businesses, speed is coveted when it comes to payments. Far-flung systems, and many ways to get there – but the end goal is to have payments settle instantly or in real time. Data: 56: Number of real-time payments systems slated to be live or underway by 2020.

Millennials 154

Millennials Payments Retail Lending 154

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. Take Target, for instance. Fast Fashion.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

JUNE 2, 2020

The past several months have been largely defined in the retail world by merchants and brands making quick digital pivots to stay afloat in an environment that’s gone from “digital sometimes” to “digital mostly.”. When selling online became the only game in town, retailers across the board got very seriously digital overnight.

Retail 142

Retail Meeting Millennials Branding 142

PYMNTS

OCTOBER 13, 2020

Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country. Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet,” the firm said in a Tuesday (Oct.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

JANUARY 30, 2017

Target is not the first retailer to go to market with a mobile payments app. But the experts think that, in Target’s case, being third may not be much of an obstacle as it carries a natural advantage with the younger consumers who are most likely to adopt a mobile payments platform to start with. And it has Cartwheel. “If

Millennials 100

Millennials Mobile Payments United States 100

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. Moran said the overall trend toward automation is being driven by the consumer, and in particular, by millennial consumers.

Retail 181

Retail Analytics Millennials Online 181

PYMNTS

JUNE 29, 2018

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Not So Much About Tech As Marketing.

Millennials 101

Millennials social media Branding Marketing 101

PYMNTS

JANUARY 18, 2018

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

Millennials 100

Millennials Branding Retail America 100

PYMNTS

JUNE 25, 2019

Peer-to-peer (P2P) payments continue to gain popularity among consumers, with two of the biggest providers, Zelle and Venmo, reporting ongoing and significant gains. But amid that growth is a fresh trend that could present challenges for law enforcement — the use of such payment methods for illicit transactions, including drug deals.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

JULY 23, 2020

Flexible in-store payment plans that can help consumers handle both everyday and big-ticket purchases are gaining popularity in the United States, where the pandemic’s economic effects are causing consumers to temper their spending. Approximately 15,000 brands already offer or plan to offer BNPL provider Afterpay ’s solution, for example.

Payments 181

Payments Report Retail Millennials 181

PYMNTS

APRIL 30, 2019

The rise of smart vending machines, driven by data and contactless payments, has the power to upend the way we shop, building loyalty and speeding adoption of contactless payments along the way. The Changing Retail Footprint. This has become an irreversible trend,” he said.

Retail 138

Retail Data Operations Payments 138

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. Gen Zers are also cautious of shopping at retailers who have had past security breaches, according to the study, with 59 percent saying they would purposely avoid shopping at such retailers.

Study 100

Study Millennials Retail social media 100

PYMNTS

OCTOBER 1, 2020

Luxury retailers are seeking ways to entice younger consumers to purchase expensive items in a retail world saturated with inexpensive alternatives. Millennials and Generation Z consumers are embracing buy now, pay later (BNPL) plans as a way to responsibly purchase items without incurring fees or debt in the process.

Millennials 210

Millennials Retail Maine Payments 210

PYMNTS

OCTOBER 20, 2016

19) released a report, dubbed “Millennial Study: Privacy vs. Customer Experience,” which charts the digital consumer preferences and behaviors of millennials in seven global markets — the U.S., Germany, Hong Kong, Malaysia, Mexico and Brazil — and found millennials are guarded about sharing their personal data.

Millennials 100

Millennials Study Data Customer Experience 100

PYMNTS

OCTOBER 6, 2020

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

Millennials 200

Millennials Retail United States National 200

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Millennials Drive More to Faster Payments .

Online 148

Online Payments Millennials Apple 148

PYMNTS

FEBRUARY 27, 2020

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

DECEMBER 1, 2020

A new survey of Black Friday shoppers from PYMNTS showed the Seattle retailing giant dominated its rivals in the traditional post-Thanksgiving holiday season kickoff. When PYMNTS last measured Amazon’s take of the total eCommerce business it found that it touched just north of 50 percent for Q1 2020 in eCommerce market share (51.2

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

NOVEMBER 4, 2019

According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. The rise of mobile commerce and selling of digital goods has added to retailers’ fraud problems. According to the PYMNTS Securing B2B Payments Report , criminals last year successfully made off with $4.2

Fraud 124

Fraud Retail Online Study 124

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. In its effort to do so, Gravy doesn’t seek to make money selling the actual goods — it seeks to market the actual stage.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

MARCH 1, 2018

Could that growth signal the end of the paper check as a payment method for worker earnings? workforce by 2020, the demand for more efficient payment solutions is poised to grow. That includes Mastercard, which just rolled out a new payment solution for freelancers. Can a cash back program help millennials avoid the debt trap?

Millennials 102

Millennials Trends Cards ATM 102

PYMNTS

DECEMBER 6, 2016

Shortly after rolling out this summer in Canada, Drop, the mobile app that gives users rewards and access to loyalty programs, has more than 70,000 millennials as customers. “We think millennials — some call them lazy — but they want seamless experiences.” “In turn, we’ll allow marketers to target these people.”

Millennials 100

Millennials Cards Retail Mobile 100

PYMNTS

MAY 26, 2017

Because many summer camps and recreational programs don’t offer their customers the ability to register or make payments using modern payment processing solutions, program organizers can get stuck entering customer information into a program database manually. Getting Recreational Programs to Act Like Businesses.

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

MAY 20, 2017

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

Millennials 119

Millennials San Francisco New York New York City 119

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading.

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

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