Boomer
to
Gen Z:
Do They
Want to Pay the Same Way?
Every generation has its quirks. But are payment preferences one of them?
TEST YOUR KNOWLEDGE
This generation made
the biggest
jump in contactless payment use since 2020.
Baby Boomers
Gen X
Gen Z
Millennials
Nearly half of Baby Boomers say using a credit card on an online portal is __________ than payment in-person.
A lot less safe
Somewhat less safe
About as safe
A lot safer
When spending money, Gen Z prefer __________ reciepts.
Paper
Email
Text Message
Payment Apps
True or False:
Baby Boomers care how easy it is to pay service-based businesses.
True
False
Starting with their favorite, how does Gen X prefer to pay service-based businesses?
Credit > Cash > Payment App > Debit
Debit > Credit > Payment App > Cash
Payment App > Cash > Debit > Credit
Cash > Payment App > Credit > Debit
This generation is most likely to fork over the extra money for a credit card convenience fee.
Baby Boomers
Gen X
Millennials
Gen Z
In the last year, this payment method was most popular with the Baby Boomers.
Cash
ACH
Credit Card
Payment App
When receiving payment reminders or invoices, Gen X wants to get a __________ .
Text Message
Letter in the Mail
Email
Notification in an App