PYMNTS-MonitorEdge-May-2024

Seniors

Elder Scams Spike as More Boomers Move Online
Elder Scams Spike as More Boomers Move Online
June 14, 2024  |  Security & Fraud

As more baby boomers and seniors go online to get their banking done — making payments, investing and paying bills or taxes — the fraudsters...

READ MORE >
Baby Boomer Shoppers Set New Spending Priorities
Baby Boomer Shoppers Set New Spending Priorities
June 11, 2024  |  Retail

For older consumers, shopping is more about meeting basic needs than splurging on nonessential products to make them feel good. For the April edition of...

READ MORE >
54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries
54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries
May 31, 2024  |  Consumer Finance

Pay later plans — those arrangements enabling consumers to cover purchases over a set period of time — are not only a popular way to...

READ MORE >
Young Consumers Turn to Credit to Manage Spending
Young Consumers Turn to Credit to Manage Spending
April 23, 2024  |  Personal Finance

While most consumers use credit to purchase products or services because of the rewards they can get for doing so, PYMNTS Intelligence reveals, younger shoppers are the only...

READ MORE >
58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
April 23, 2024  |  eCommerce

Few things must be as frustrating to an eCommerce merchant as cart abandonment. But, as PYMNTS Intelligence found in compiling its “How Preferred Payment Availability...

READ MORE >
Data Shows Digital Healthcare Platforms Get High Marks From Boomers
Data Shows Digital Healthcare Platforms Get High Marks From Boomers
March 07, 2024  |  Healthcare

Traditional healthcare systems are plagued by inefficiencies and opaque pricing structures, leaving consumers often feeling lost and frustrated. “Navigating a friction-filled healthcare system, not to mention the...

READ MORE >
35% of Boomers Prefer Retailer Sites to Buying Directly from Brands
35% of Boomers Prefer Retailer Sites to Buying Directly from Brands
February 14, 2024  |  Retail

The competition for customers amongst brand websites, store websites and online marketplaces continues to be shaped by a complex web of consumer preferences, trust considerations...

READ MORE >
Unified Digital Platforms Surge as Boomers Embrace Streamlined, Integrated Healthcare Solutions
Unified Digital Platforms Surge as Boomers Embrace Streamlined, Integrated Healthcare Solutions
January 09, 2024  |  Healthcare

The healthcare landscape is undergoing a digital transformation, witnessing a surge in consumer adoption of centralized online healthcare portals for managing a spectrum of medical...

READ MORE >
Seniors’ Possible Purchasing Power Erosion May Lead to Less Splurging in 2024
Seniors’ Possible Purchasing Power Erosion May Lead to Less Splurging in 2024
January 09, 2024  |  Consumer Insights

Older consumers were able to maintain their purchasing power last year, mainly helped by an 8.7% jump in Social Security benefits that exceeded inflation. This...

READ MORE >