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Afterpay Teams With Simon Before Holiday Shopping Season

PYMNTS

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.

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. And at least some of those firms – Monzo among them – are applying for banking licenses in the United States. In addition, passporting can help companies expand services across nations.

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Can Cannabis Commerce Go Online?

PYMNTS

Millennials heavily favor legalization at 77 percent — no big shock there — but their baby boomer parents favor it even more heavily, at 81 percent. We came up with the idea of an online marketplace for cannabis because we were really looking at how people shop for everything. Payments is a complex topic.

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Outdoorsy Makes Happy Campers Out Of RV Owners And Renters

PYMNTS

Where travelers and RV owners used to connect online via Craigslist, Outdoorsy now offers a professionally managed, full-service global platform with over 200,000 vehicles in over 4,800 cities and 14 countries. There is no Airbnb in Grand Canyon National Park. The millennials love mobility. And that’s just in the United States.

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Survey: COVID-19’s Financial Effect on Millennials

MyBankTracker

The COVID-19 pandemic has added to the money challenges faced by millennials in particular. Millennials are old enough to have financial responsibilities without having had much time to build financial stability. The survey found that the pandemic added to the financial challenges that millennials face. Key Findings.

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The Buyers: Generation Z’s Shopping Preferences

PYMNTS

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. The buying power of Gen Z comes out to $44 billion, according to an IBM and National Retail Federation study. Get ready, retailers. They appreciate the hands-on experience of shopping in a store.

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QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

billion in domestic sales — Starbucks is far and away the most successful mobile payments platform in the United States. billion in domestic sales — To expand its delivery reach, Taco Bell — along with KFC — has recently tapped Grubhub to provide delivery and online ordering. Starbucks’ $18.4 million active members.

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