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Young consumers are feeding their love of travelling with help of peer-to-peer payment services.

Jul 13 2016

Young consumers are feeding their love of travelling with help of peer-to-peer payment services. A new PayPal study found that more so than any other generation, Millennials are travelling with friends, and 32% say they more likely to pay as group while travelling and sort out finances later. In fact, almost 40%  of Millennials are using peer-to-peer payments when travelling, compared to 29% of Gen Xers and 14% of young Boomers. Safety is also a concern: 40% of Millennials find the services safer than using cash. (Forbes)