Tag: Gen Z

Mobile wallets are becoming popular among boomers for this reason

Jennifer Goula
Mobile wallets - Baby Boomers using mobile phones

This generation isn’t using phones as a payment method as much as others, but another use is growing When it comes to demographics using mobile wallets the most, the majority of people wouldn’t think that Baby Boomers would be in a top category. That said, when it comes to one specific behavior, they’re participating quite a bit. It’s true that this isn’t the top generation for using mobile payments Still, there are far more features available through mobile wallets than making payments by tapping a smartphone at a checkout counter.…

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Will Gen Z make the flip phone the hottest gadget of 2023?

Julie Campbell
Flip phone - Hand holding device

Move over disposable cameras, because “vintage” cell phones are back on the rise. Gen Z absolutely loves to love technology and fashions from the mid-1990s and now they’ve turned their attention to the flip phone, cellular tech first made popular by millennials. These devices are small, lightweight and are typically extremely inexpensive compared to smartphones. As the flip phone returns to popularity among people in Gen Z, some large retailers have been selling them as inexpensively as $20. They’ve been heavily seen on social media as young people take pictures…

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Gen Z prefers TikTok and Instagram to Google Search

Sam Lambert
Google Search via mobile phone

The tech giant is starting to feel the pinch of the generation’s trend toward social media searching. Google Search internal data has found that about 40 percent of Gen Z is using social media platforms such as TikTok and Instagram for searching. Gen Z is more likely to head to a social media platform than a search engine to answer a question. A recent report published by Insider stated that Google is now feeling the pain from this growing Gen Z trend of using TikTok and Instagram for searching instead…

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Mobile payments are replacing cash and cards for younger consumers

L. Green
Mobile payments - Person paying with mobile phone

A growing number of young people are turning to their phones to complete transactions. Young people are increasingly turning to mobile payments to make their purchases, as they use traditional transaction methods to a decreasing degree, said the result of new Marqeta data. The card issuing platform released the results of a recent survey of 4,000 customers across 3 continents. The Marqeta survey involved the participation of 4,000 respondents living on three continents. Of those respondents, 1,000 were from the United Kingdom. What the survey found was that most (61…

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Gen Z prefers mobile wallets to cash and bank accounts

John Montgallo
Mobile wallets - Person paying with mobile

Millennials are also open to accepting digital transactions as well as cryptocurrency. As the American government takes steps to adopt but also regulate cryptocurrency, research is showing that some people in the US and a dozen other countries are more willing to use mobile wallets with those digital coins than others. Younger customers find crypto to be more appealing than cash and bank accounts. Survey results from global payment platform provider Thunes recently showed that Gen Z is interested in using cryptocurrency for making purchases and investments, among other transactions.…

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