34 results for '"payments"'
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Macrotrends

Cashless Is King

... downloading a new app to their phones to manage their money. Paper payments feel archaic to young people, with many of our focus group participants confessing that when they’ve been asked to make a payment by check, they didn’t know how to approach the task of writing one. And even though they’re well versed in how to use paper money, only 32% of youth say they almost always carry at least some cash with them, and fully 55% are interested in going cashless. To young consumers who first experience money ...

Retail 2.0: Tech-Based Commerce

... Social discovery and online payments are evolving to make the shopping experience more frictionless, particularly for Gens Y and Z, who are accustomed to instant gratification and desire innovations that save their time.When it comes to shopping, young consumers want their mobile devices to do more than just serve up the items they search for. They expect brands to be continually innovating, particularly when it comes to seamless discovery and frictionless payments. Just as brands see a lift in ...

Gen Z Global Trends

... appetite for digital payments, disrupting long-held traditions of favoring cash. According to a recent survey, 93% of Indians use their credit cards for discretionary spends like shopping across categories, both on e-commerce portals and at brick-and-mortar stores. As Indian Zs grow up in an environment that celebrates the convenience of cashless payments, companies have a huge opportunity to build brand loyalty.  - MEXICO: MAKER MOUNTAIN - Mexican Zs are growing up with one of the world’s ...

House Funders

... take out a loan/not making payments) | Bought it with a family member/friend | My significant other purchased it | Inherited it | A family member/friend bought it for me | Got a loan from a family member/friend Paid for it upfront (did not take out a loan/not making payments) | Bought it with a family member/friend | Got a mortgage loan | Got a loan from a family member/friend | A family member/friend bought it for me | Inherited it | My significant other purchased it U.S. youth are ...

Alt Pay

... well as rewards and gift cards. - MOBILE WALLETS - Among respondents, 35% expressed interest in using mobile wallets in lieu of traditional payment options. New platforms may ease the transition into screen-based transactions. The LifeLock Wallet is a comprehensive digital wallet app that offers the added security of identity and theft protection. Softcard is a mobile payments initiative, backed by AT&T, Verizon, and T-Mobile, that works in tandem with multiple banks and hundreds of mainstream ...

The FUND-amentals

... from credit cards because they’re fearful of racking up debt from student loans, mortgages, and card payments. To that point, only 25% of Ys have credit card debt, about the same number that have student loan debt (24%). Overall, Ys are confused by financial services (particularly all the fine print that explains them) which is contributing to their passive attitude toward money and investing. They keep money in peer-to-peer accounts, like Venmo and Paypal, rather than moving it in and out of bank ...

Culture Spotlight On India

... are fueling the company's gaming industry; India has more than 250 game development companies, up from only 25 in 2010. Recognizing the appetite for gaming, international players are also investing in India's gaming market. Alibaba-backed digital payments startup Paytm and Hong Kong's AGTech Holdings launched gaming platform Gamepind earlier this year to tap into the mobile entertainment market in India, while Vietnam-based StomStudio partnered with mobile game publisher ...

Innovation Marketing Tips

... advancements. This will help build create greater consumer trust and boost public knowledge, which can lead to greater adoption. Visa Visa has created 10 innovation centers around the world specifically designed to teach people about Visa's role as a payments technology company. As retailers increasingly offer contactless payment, these education spaces explain how the innovation works in simple ways and highlight the benefits, such as quicker shopping and the ability to be untethered by a bag or ...

Well at Work

... - MOZ To encourage employees to use their 21 allotted days of vacation, software company Moz offers $3,000 in vacation reimbursements for food, lodging, entertainment, and transportation.AFAR Afar, a San Francisco-based travel magazine, offers a yearly $2,000 stipend for employees to travel to any international destination they haven’t visited before. Participants are expected to post about their experiences on Afar’s website.GRAVITY PAYMENTS To promote his employees’ financial wellness, Gravity ...

Public Funds

... the site, which targets Y females, features the monthly expenses and a snapshot of the weekly spending habits of an anonymous young woman. Upfront details include age, location, industry/job title, salary, paycheck amount (after deductions for benefits and taxes), living situation, rent or mortgage, loan payments, utilities, insurance premiums, savings contributions, gym membership fees, and even subscription service fees (e.g., Netflix, Spotify). The featured participant chronicles her spending ...