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Hispanic Millennials are embracing mobile payments, and creating an opportunity for the industry.

Sep 08 2016

Hispanic Millennials are embracing mobile payments, and creating an opportunity for the industry. The Hispanic Millennial Project revealed that 43% of U.S. born Hispanics Millennials are interested in mobile payment technology, and the interest jumps to 63% for those who are foreign-born. Those 18-34-year-old Hispanic consumers who are foreign-born believe the technology “fits their lifestyle,” indicating banks could be doing more to target this segment.  (PYMNTS