Growing Impact of Gen Z The segment of today’s teens and young adults who follow the Millennial generation is projected to make up as much as 40% of U.S. consumers by the year 2020. Similar to the younger aged Millennials, this segment (age 18-21) is all about digital technology and

The payment revolution. The tipping point of the revolution occurred in 2003 were the electronic systems surpassed the use of cash and checks in stores. By 2005,its accounted for 55% of in store payment. Similar trends occur for recurring payments. In 2001, More than 75% were made by paper-based method

The most popular mobile payment methods in China. WeChat Pay and Alipay are two of the most popular mobile payment methods in China, and most people pay on those platforms using barcodes, known as QR codes, on their phones. Not many places accept foreign cards like Visa or Mastercard and tourists