PayPal sees a rise in ‘silver tech’ as older generations test digital payments

The PayPal application on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images

By Kate Rooney

PayPal is attracting a new demographic during stay-at-home shutdowns: what it calls “silver tech.”

The company has seen an older audience flock to digital payments as cash is seen as a germ risk and people across the U.S. stay at home to avoid spreading Covid-19. People over 50 were the company’s fastest growing segment from March to April, according to […]

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