Banks can leverage millennials' spend

> By 2018, credit cards will account for 65 per cent of non-cash retail payment volumes by all uaE residents. > 76 per cent of UAE and 58 per cent of saudi millennials shop online. > Millennials in the UAE and saudi arabia use social media to influence their purchasing decisions. > Travel benefits, discounts and cashback are motivating factors among uaE millennials. > Approximately 80 per cent of millennials in both the uaE and saudi arabia pay their electricity and water bills online. > More than 50 per cent of millennials in the uaE and saudi arabia prefer to bank digitally.