Making Sense of the Cost of Cash for Businesses
Accepting cash might seem cost-free at first glance, but this is a common misconception, especially for SMBs with razor-thin margins.
Source: pymnts.com
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Millennials, Gen Zers: Mobile Wallets Can Replace Physical Ones
Mobile payments, done through digital wallets, have the potential to nearly replace physical wallets and tangible cards.
Source: pymnts.com
A Third of Consumers Avoid Mobile Wallets Due to Security
Among consumers who do not use a mobile wallet to pay bills, 35% say they avoid it due to security concerns, PYMNTS Intelligence has found.
Source: pymnts.com
About 40% of Millennials Often Use Mobile Wallet Bill Pay
More than 40% of millennials and bridge millennials use mobile walletfrequently to make instant payments on the date bills are due, per PYMNTS Intelligence.
Source: pymnts.com
Mobile wallets used by 4 out of 5 millennials to pay bills
As bills have become mainly digital, millennials in particular are looking to their phones to make their payments and are choosing mobile wallets as
Source: qrcodepress.com