PYMNTS-MonitorEdge-May-2024

Baby Boomers

Gen Z eGrocery Adoption Outpaces Baby Boomers 4 to 1
Gen Z eGrocery Adoption Outpaces Baby Boomers 4 to 1
February 17, 2023  |  Retail

When it comes to adopting new online grocery shopping habits, PYMNTS data reveals a dramatic gap between younger and older consumers. The Context Grocers and...

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Millennials Tip at QSRs While Seniors Save Them for Full-Service
Millennials Tip at QSRs While Seniors Save Them for Full-Service
February 01, 2023  |  Consumer Insights

With generational divides in tipping practices, fast-food workers are left hoping for millennial customers. For PYMNTS’ recent study “Connected Dining: Inflationary Pressure Squeezes Restaurant Tips,”...

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Inflation Reveals Generational Divide in Restaurant Spending Cuts
Inflation Reveals Generational Divide in Restaurant Spending Cuts
January 11, 2023  |  Economy

As economic pressures continue, consumers across demographics are making changes to their restaurant purchasing behaviors. The December edition of PYMNTS’ Restaurant Digital Divide study, The...

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Digital Banking’s Wealth Building Capabilities Appeals to Younger Consumers
Digital Banking’s Wealth Building Capabilities Appeals to Younger Consumers
January 10, 2023  |  Digital-First Banking

Digital banking is delivering on promises of personalization and convenience, appealing strongly to younger consumers. In Personalization Beyond Traditional Banking To Build Financial Wealth, part...

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Study Finds Millennials Trade Food, Restaurant Quality to Keep Eating Out
Study Finds Millennials Trade Food, Restaurant Quality to Keep Eating Out
December 20, 2022  |  Restaurant innovation

The pandemic pushed many restaurants to reduce service or raise prices, which led many consumers to reduce their frequency of dining out. Baby boomers and...

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Digital Wallets Dominate Surge in New Payments Use
Digital Wallets Dominate Surge in New Payments Use
November 29, 2022  |  Payments Innovation

Fifty-nine percent of consumers who tried a new payment method in the past year used digital wallets, making them the most popular new payment method....

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Study Suggests ‘Subscription Remorse’ May Be Bottoming Out
Study Suggests ‘Subscription Remorse’ May Be Bottoming Out
July 12, 2022  |  Subscriptions

Consumers’ use of retail subscriptions remained relatively stable in May after falling in March.  The average U.S. consumer now has 3.9 retail subscriptions, according to...

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Europe’s Digital Transformation Slowed by Lack of Engagement From Older Generations
Europe’s Digital Transformation Slowed by Lack of Engagement From Older Generations
June 15, 2022  |  Connected Economy

The concept of digital engagement is frequently used to assess to what extent people use internet-connected devices in their day-to-day lives. Many people assume that...

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Today in Data: Navigating Life, Paycheck to Paycheck
Today in Data: Navigating Life, Paycheck to Paycheck
May 31, 2022  |  Today In Data

Today in data, research shows millennials live paycheck to paycheck more than any other age demographic, although that number is creeping up for other age...

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