Zillennials Ditch Cash for Digital Wallets When Dining Out

A recent PYMNTS Intelligence report, titled “In-Store and Online, Digital Wallets and Debit Are Zillennials’ Signature Payments” provides a compelling look into the payment preferences of a pivotal microgeneration: Zillennials, those born between 1991 and 1999. The study, based on a survey of over 2,500 U.S. consumers, analyzes their recent transaction behaviors across key sectors like grocery, retail, restaurants and travel, revealing a distinct set of expectations that merchants and financial institutions must heed.