Gen Zers will drive the growth of emerging payment methods, opening the door for providers to reach them through digital and mobile. But card-based payment methods are still relevant. To tap their rising spending power, providers must align their offerings with how Gen Z prefers to pay.
Key Question: How is Gen Z affecting the growth of emerging and traditional payment methods?
KEY STAT: By 2026, Gen Z will catch up to millennials in using emerging payment methods like buy now, pay later (BNPL) and mobile wallets. Payment providers of all stripes will need to meet their high digital expectations.
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