Consumer Payment Preferences and Behaviors - US - September 2015
"The payment industry is undergoing massive changes, driven primarily by new technology that is affecting all aspects of the industry. There is a huge difference in payment preferences and expectations among generations, with younger generations shying away from the credit cards older generations love and embracing other methods of payment."
This report covers the following issues:
Fewer Millennials have credit cards Mobile payment is growing, but usage is still low Person-to-person payments also growing, but usage is still low