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New Logica Research Study Finds Americans Continue to Rapidly Adopt New Financial Behaviors

New Logica Research Study Finds Americans Continue to Rapidly Adopt New Financial Behaviors Spending, saving and investing are shifting, along with significant growth in adoption of peer-to-peer payments (P2P) and buy now, pay later (BNPL) among Millennials and Gen X News provided by Share this article SAN FRANCISCO, June 9, 2021 /PRNewswire/ -- According to the new Future of Money Study from Logica Research, American financial behaviors have dramatically changed over the past year, with signi...
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Logica Research Finds That COVID-19 Has Accelerated Adoption of New Money Behaviors

COVID-19 Impact on the Way People Work The latest wave of the study reinforces the fact that cash is on the decline. In just one year, 9% fewer people used cash for their most recent in-person payment (25% Fall 2019 to 16% in Fall 2020). Debit cards are on the rise, along with the use of PayPal. One of the big shifts during the pandemic has been the use of peer-to-peer payments (P2P), with 27% of Americans saying they are using P2P more, largely driven by increases among Gen Z and Millennials.๏ฟฝ...
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