Those Gen Z'ers: How Younger Generations Shop and Choose to Pay

Aug 04, 2021, 12:00 PM - 01:00 PM CST

Gen Z (age 10-22) and Millennials (age 25-35) are now shopping, buying, and paying differently than other generations have. There is a fundamentally different view towards shopping and payments, including how they use cards, credit, social shopping, and embedded commerce. Merchants looking to grow their business can be more attractive to younger generations if aware of these alternative forms of payment and ways of shopping. This session will explore how younger generations are shopping differently, with a special focus on Buy Now, Pay Later solutions and digital payments such as P2P and cryptocurrency.

Gen Z (age 10-22) and Millennials (age 25-35) are now shopping, buying, and paying differently than other generations have. There is a fundamentally different view towards shopping and payments, including how they use cards, credit, social shopping, and embedded commerce. Merchants looking to grow their business can be more attractive to younger generations if aware of these alternative forms of payment and ways of shopping. This session will explore how younger generations are shopping differently, with a special focus on Buy Now, Pay Later solutions and digital payments such as P2P and cryptocurrency.

Learning Objectives: 

  1. Understanding what defines the younger generations and how they choose to shop
  2. Learning more about Buy Now, Pay later solutions, including adoption and benefits of offering
  3. Examining the preferred payment methods of younger generations

The Merchant Advisory Group

Driving positive change and innovation in the payments industry that serves the merchants interest through collaboration, education, and advocacy.