Italy has reportedly restored an outage to its payment services that hindered Black Friday sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Merchants are increasingly recognizing the value of offering general-purpose credit card-linked installment plans. In fact, 37% of merchants now provide these installment plans at checkout. This shift — a 16% rise since December 2023 — highlights how rapidly consumer demand for flexible or pay later...
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Consumers have developed an appetite for split-payment plans of all sorts. Also known as installment payment plans, these break up purchases into smaller, scheduled payments over time. Though the concept is simple, data reveals a gap between merchants’ perceptions of split-payment plans and their actual...
Installment plans have become an increasingly important payment method that many shoppers prefer. Across age groups and income brackets, 60% of consumers use installment plans at least occasionally. The highest rates are among younger generations and high-income earners. Get the Full Story Complete the form...
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Inflation may be on a downward trajectory, but consumers do not think so, as perception affects their spending behaviors, prompting them to rethink how they use cash, debit and credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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