Today in Data: The Future of Shopping Is Already Here

By  |  April 6, 2022
 | 

Today in data, people are changing how they pay for things and why they choose the method they do. Shoppers are using a mix of paper and digital coupons as budgets get stretched even thinner, PayPal is upping its cash-back bonus to unlimited 3% as the space becomes increasingly competitive and SMBs are shifting to virtual card spending through the Torpago platform to cut costs and eliminate some red tape.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data

    3%: Cashback reward for PayPal Cashback credit cardholders

    34: Number of categories in which PayPal members shopped in 2021

    65%: Share of FinTech corporate card and spend management platform Torpago’s gross spending dedicated to virtual cards

    18: Average number of employees working for Torpago’s customers

    Advertisement: Scroll to Continue

    82%; 70%: Share of Millennials who used digital coupons and paper coupons, respectively, in their last few shopping trips

    74%; 60%: Share of Gen Z customers who used digital coupons and paper coupons, respectively, in their last few shopping trips


    Recommended

    AWS Uses re:Invent Day 1 to Unveil a Wave of AI Updates

    MOVii Establishes Operations in Peru and Aims to Expand Across Latin America

    Kalshi Raises $1 Billion to Expand Prediction Market Platform

    Instacart Sues New York City to Block New Grocery Delivery Laws

    See More In: , , , , , , ,