Facebook_pixel
📲 Discover Teen Shopping Habits with The Best Money Transfer Apps

Just a couple of decades ago, going out without a wallet in your pocket was like forgetting to put your shoes on.

But for the Generation Z, their phone is becoming all they need. Compared to only 17% of the baby boom generation69% of teens are using apps to pay for goods and services.

We bring you three Gen Z shopping habits that are slowly changing the way industries approach their customers.

1. Teens Don't Have Cash

Roughly 6% of teens use cash to pay, making them the cashless generation.

Older generations use cashless payment more for significant sums, but to teens, it's normal to use a card even for payments under $5

While traditional banking has a hard time to adjust, apps like Venmo that combine social media with paying process are on the rise.

2. No Love For Sales Assistants

So teens like to shop online and don't like cash. How is that changing collective shopping habits?

Since teens are all about digital and not direct interactions, a stunning 93% prefer to shop without a sales assistant.

Many shopping malls are closing down with only around 19% of retail stores being able to provide quality shopping experience with zero social interactions.

3. Even Less Love For Brands

Unlike other generations, teens don't care too much about brand loyalty and will quickly switch if they feel like it.

Thanks to the rapid way of life, a clothing brand can be exciting one day and die out the next.

While classic stores that focus on a single brand are struggling, online clothing stores are blooming thanks to the quick ability to browse multiple brands at once.

Do all of your clothes shopping easily & discover the latest discounts. Find the best clothing stores for women, men, teens & kids with great shopping apps.

Clothes Shopping & Fashion

Also Great

Best 10 Clothes Shopping & Fashion Apps

While for older generations cashless payment and online shopping is a matter of convenience, for Gen Z it's closely tied to their digital life.

Social interactions, entertainment, and shopping has moved from the street onto the screen and are entering the pores of everyday living.

Finally, this won't end with Generation Z as the more we move forward, more changes will happen, and everything will have to adjust once again.

Check below:
  • Send, Spend & Invest Cash

    4.4 Ratings 721K+ Reviews 10M+ Downloads

    Loading...

  • BHIM UPI Payments, Mobile Recharges, Fastag, Money Transfer via bank, Pay Bills

    4.4 Ratings 8M+ Reviews 100M+ Downloads

    Loading...

  • Venmo is the fun and easy way to pay and get paid.

    4.9 Ratings 11M+ Reviews 10M+ Downloads

    Loading...

  • International money transfer service. Send Cash. First transfer is FREE

    4.7 Ratings 42K+ Reviews 1M+ Downloads

    Loading...

  • Mobile Recharge, Electricity Bill, Money Transfer, BHIM UPI, Wealth Management

    4.3 Ratings 1M+ Reviews 50M+ Downloads

    Loading...

  • The PayPal mobile app is the secure way to send, receive, and access your money.

    4.7 Ratings 6M+ Reviews 100M+ Downloads

    Loading...

  • Send Money Abroad With Low Transfer Fees. International Money Transfer Made Easy

    4.8 Ratings 400K+ Reviews 1M+ Downloads

    Loading...

  • Transfer money with your phone

    3.8 Ratings 102K+ Reviews 5M+ Downloads

    Loading...

  • Send money worldwide quickly, simply & securely with the all-new Ria app

    4.1 Ratings 5K+ Reviews 500K+ Downloads

    Loading...

Comment
Ask