Airlines are adopting ‘buy now, pay later’ schemes for Gen Z and Millennials –
Millennials and Gen Z will be the two cohorts driving demand for buy now, pay later schemes as they were hit particularly hard by the pandemic. The industry analysts note that airlines partnering with fintech companies to offer these schemes could attract price-sensitive millennial and Gen Z travelers looking for flexible, low-cost payment methods. According to the industry’s Q4 2021 Consumer Survey, 34% of Gen Z and 36% of millennials stated that they were ‘extremely concerned’ regarding their personal finances, […]
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