PYMNTS-MonitorEdge-May-2024

Generation Z

Some Consumers Might Need Rewards and Discounts to Try Biometric Logins
Some Consumers Might Need Rewards and Discounts to Try Biometric Logins
October 11, 2023  |  Biometrics

Biometric authentication, a technology that uses unique physical or behavioral traits for identity verification, has gained popularity in recent years.  In fact, according to joint...

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Boomers Reach for Credit Cards, Millennials Lean More on BNPL to Pay for Leisure Travel
Boomers Reach for Credit Cards, Millennials Lean More on BNPL to Pay for Leisure Travel
October 11, 2023  |  Travel Payments

Credit cards continue to be the preferred choice among consumers for financing their leisure travel expenses, with approximately two-thirds of those who traveled or intended...

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Apple iPhone Remains Teens’ Preferred Mobile Device
Apple iPhone Remains Teens’ Preferred Mobile Device
October 10, 2023  |  Consumer Insights

The Apple iPhone is reportedly on track to remain the mobile device of choice of nearly nine in 10 teens.  Eighty-seven percent of teens own...

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Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
October 10, 2023  |  Consumer Finance

Accounting for nearly 20% of annual retail sales, the holiday season, which spans November and December, is a critical period for both merchants and consumers. ...

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High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
September 29, 2023  |  Consumer Finance

Credit card installment plans for common purchases are gaining popularity among consumers, who are drawn to the flexibility they offer in managing their spending and...

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Gen Z Consumers Are Subscription Boxes’ Biggest Fans
Gen Z Consumers Are Subscription Boxes’ Biggest Fans
September 29, 2023  |  Consumer Insights

As retail subscriptions woo consumers of all ages, PYMNTS Intelligence reveals that, for providers that follow the surprise box model, Generation Z is the most...

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Gen Z Turns to Connected Devices to Multitask at Work
Gen Z Turns to Connected Devices to Multitask at Work
September 28, 2023  |  Connected Economy

From smartphones to smart TVs and voice-controlled assistants, connected devices have transformed the way consumers multitask in their daily lives. In fact, consumers are using...

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Citcon Unveils BNPL Option for eCommerce Clients
Citcon Unveils BNPL Option for eCommerce Clients
September 26, 2023  |  Buy Now Pay Later

Citcon has teamed up with Cash App Pay and AfterPay to offer new payment options to eCommerce businesses. “By leveraging both Cash App Pay and Afterpay’s popular “Buy Now, Pay...

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Tinder Puts a Price on Love With $499 Membership
Tinder Puts a Price on Love With $499 Membership
September 26, 2023  |  Subscription Commerce

As dating apps look to drive more revenue from their most active users, adding premium subscription tiers, Tinder is reportedly launching a VIP membership for...

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