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View all search resultsMembers of Generation Z are more likely to run up their credit cards than the Millennials who came before them, new research shows, buoying the financial industry’s hope that today’s teens and emerging 20-somethings will fuel higher profits in coming years.
The transaction volume for e-money, which ranges from debit cards and credit cards to other forms of e-money such as BCA Flazz and e-wallets Go-Pay and OVO, skyrocketed 204 percent from January to date in Makassar, higher than 89 percent in Yogyakarta and 75 percent in Jakarta, which rank second and third respectively in transaction volume.
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