The generational divide in digital payments is officially over. Gen Z’s in-store mobile wallet use has jumped 23% since 2022, and every other generation is catching up. A new PYMNTS Intelligence survey of 216K+ consumers across 11 countries found that most are storing cards on their phones instead of swiping plastic. Low-income consumers even increased their in-store mobile wallet use more than higher earners. Geography and gender gaps are narrowing too, with rural adoption now nearly matching urban rates. The data suggests mobile payments have moved from “nice-to-have” to expected infrastructure, driven more by habit than hardware. The wallet in their phone is no longer a generation exposer, it’s just how everyone pays now. (PYMNTS)
👀 Read more from YPulse: The Top 10 Reasons Gen Z and Millennials Use Peer-to-Peer Payment Apps
