Millennials

Millennials, also known as Generation Y, are the demographic cohort following Generation X and preceding Generation Z. Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with 1981 to 1996 a widely accepted definition.

(source: en.wikipedia.org)

40% of Millennials Tap Installment Plans to Improve Their Credit Scores
40% of Millennials Tap Installment Plans to Improve Their Credit Scores
October 16, 2023  |  Payment Methods

Installment plans have emerged as a popular payment method, offering consumers the flexibility to pay for their purchases over time, rather than upfront. This enables...

READ MORE >
Nearly One-Third of Consumers Say Higher Credit Limits Will Boost BNPL’s Appeal
Nearly One-Third of Consumers Say Higher Credit Limits Will Boost BNPL’s Appeal
October 13, 2023  |  Buy Now Pay Later

Consumers are increasingly seeking flexible and convenient payment options, leading to the rising popularity of deferred payment plans such as credit card installment plans and...

READ MORE >
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...

READ MORE >
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. ...

READ MORE >
42% of European Millennials Want an All-in-One App to Streamline Digital Activities
42% of European Millennials Want an All-in-One App to Streamline Digital Activities
October 10, 2023  |  Consumer Insights

From banking and shopping to managing personal tasks, apps and connected devices have become an integral part of our daily lives, with consumers all around...

READ MORE >
Voice Tech Adoption Uneven as Consumers Aim to Balance Convenience With Trust
Voice Tech Adoption Uneven as Consumers Aim to Balance Convenience With Trust
October 06, 2023  |  artificial intelligence

Consumers today are increasingly seeking smarter, simpler, and more connected routines, and voice technology has the potential to fulfill these needs. However, the adoption of...

READ MORE >
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...

READ MORE >
What We Know About the Paycheck-to-Paycheck Consumer Three Years Post-Pandemic
What We Know About the Paycheck-to-Paycheck Consumer Three Years Post-Pandemic
September 28, 2023  |  Consumer Finance

Across the span of more than two dozen reports since the darkest days of the pandemic more than three years ago — and with eight...

READ MORE >
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...

READ MORE >