PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Payments Innovations Like BNPL Boost Valentine’s Day Spending

By Laura Handly
February 14, 2022
in Analysts Coverage, Buy Now, Pay Later, Credit
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Payments Innovations Like BNPL Boost Valentine’s Day Spending

Payments Innovations Like BNPL Boost Valentine’s Day Spending

Alliance Data released findings from its Valentine’s Day study, a survey of 1268 U.S. consumers. The survey focused on spending behavior around the holiday and found that almost 40% of Gen Z consumers intend to purchase luxury goods for their loved ones. While younger consumers planned to purchase more luxury goods than other age groups, 27% of all respondents believed that they would spend more on Valentine’s Day gifts this year than they did last year.

The rise of Buy Now, Pay Later (BNPL) solutions may be partially responsible for the increase in spending. According to the study, two-thirds of Gen Z and Millennials had refrained from purchasing expensive Valentine’s Day gifts in the past because they did not have the money up front, but 38% indicated that they would spend more if there was a BNPL option available.

The study found that Valentine’s Day is the number one gift-giving holiday for consumers, with over 90% of respondents indicating that they would mostly likely purchase a Valentine’s gift, as compared to just 81% for winter holidays like Christmas, Hannukah, or Kwanzaa. 

For more on this research, see Alliance Data’s press release on the subject.

Overview by Laura Handly, Research Analyst at Mercator Advisory Group

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: Alliance DataBNPLBuy Now Pay LaterConsumer SpendingGeneration ZMillennials

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    ai phishing

    The Fraud Epidemic Is Testing the Limits of Cybersecurity

    February 6, 2026
    stablecoins b2b payments

    Stablecoins and the Future of B2B Payments: Faster, Cheaper, Better

    February 5, 2026
    Payment Facilitator

    The Payment Facilitator Model as a Growth Strategy for ISVs

    February 4, 2026
    Simplifying Payment Processing? Payment Orchestration Can Help , multi-acquiring merchants

    Multi-Acquiring Is the New Standard—Are Merchants Ready?

    February 3, 2026
    ACH Network, credit-push fraud, ACH payments growth

    What’s Driving the Rapid Growth in ACH Payments

    February 2, 2026
    chatgpt payments

    How Merchants Should Navigate the Rise of Agentic AI

    January 30, 2026
    fraud passkey

    Why the Future of Financial Fraud Prevention Is Passwordless

    January 29, 2026
    payments AI

    When Can Payments Trust AI?

    January 28, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result