Tag: Gen Z mobile payments

Shoppers spend more when they use digital wallets for payments

Jesse Collins
Digital wallets - Increase in use

Consumers using online transactions spent 31 percent more than non-users in a recent US survey. US shoppers who use digital wallets spend significantly more across several major categories than their non-user counterparts. This was the finding of a PYMNT and AWS survey of 2,501 people The survey found that people using digital payments spent 31 percent more than non-users across a spectrum of categories. Restaurant sales saw the biggest difference, as people paying digitally spent an average of 33 percent more, since they spent an average of $44 per bill,…

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Mobile payments in supermarkets shockingly most common from this generation

Sam Lambert
Mobile payments - Supermarket checkout

Though it would be easy to assume Millennials would be the heaviest users, they’re surprisingly not. It’s easy to think of the most common users of digital commerce and transaction tools as being from the Millennial generation, but when it comes to grocery shopping, Generation X has taken the lead in using mobile payments. When shopping in supermarkets for the food they’ll prepare, Gen X often uses phones to pay. In the United States, over 9 percent of Gen Xers are using mobile payments and commerce to purchase their groceries…

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