Consumer Payments

Consumer Payments
New Data: Timing Is Key to Success of Installment Plan Offers
July 18, 2024

The popularity of pay later plans has been on the rise. Consumers are becoming more aware of options such as buy now, pay later (BNPL) and card-linked installment plans. Merchants and acquirers broadly agree that offering pay later plans can both boost sales and drive...

Consumer Payments
Acquirer Survey Shows Card-Linked Installments Help Merchants Boost Sales
June 10, 2024

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Consumer Payments
42% of Low-Income, Younger Consumers Use Debit Cards When Grocery Shopping
May 31, 2024

A wide variety of consumers across income levels and ages are showing a preference for paying for purchases with cash and debit cards, likely in hopes of better managing their debt levels. Get the Full Story Complete the form to unlock this article and enjoy...

Consumer Payments
Black Friday’s Generational Divide: Millennials Spend More Online, Embrace Deferred Payments
November 27, 2023

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Consumer Payments
Nearly 35% of Hotel Guests Prompted to Tip Amid Shifting Gratuity Norms
November 10, 2023

Inflation has emerged as a significant force in the economy, impacting consumers’ purchasing power and influencing various aspects of their daily interactions. One area where the effects of inflation are increasingly noticeable is tipping. Get the Full Story Complete the form to unlock this article...

Consumer Payments
Visa and Mastercard Shares Take a Hit as Fed Weighs Fee Reduction
October 18, 2023

Shares in Visa and Mastercard took a hit on Wednesday (Oct. 18) as news broke that the Federal Reserve is expected to propose a reduction in the fees banks can charge retailers for processing debit card transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Consumer Payments
Consumers Want Banks to Make Paying Bills Easier
September 18, 2023

The bill payment process can often be a source of frustration for consumers, with a significant share experiencing difficulties when attempting to pay their bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Consumer Payments
Five Star Bank Teams With Autobooks to Offer Tap to Pay
August 21, 2023

Five Star Bank has begun offering contactless payments acceptance to its small business customers. 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, PYMNTS Today....

Consumer Payments
Consumers’ Struggle to Pay Bills Reaches New Volatility in 2023
August 17, 2023

This year’s financial lifestyle improvements for the individual consumer were all but wiped out between May and June. 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...