The pandemic fundamentally changed how consumers use credit cards and the long-term profits financial institutions generate from those cardholders. 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...
Credit card issuers are seeking to appeal to today’s discerning consumers in a competitive market. To gain top-of-wallet status, they must excel in providing the basics — payments management and fees — and offer other features that consumers care about, such as rewards, data security...
Bank of America is debuting a luxury credit card called the Bank of America Premium Rewards Elite card, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Several big retail brands, including Levi, Superdry and AllSaints, are looking for compensation from Visa and Mastercard over the payment companies’ controversial transaction fees, a Telegraph report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Credit cards are the gold standard for payments in America. Sixty-five percent of the U.S. population — 168 million adults — have made a purchase using a credit card in the last 12 months, according to The Convenience Catalyst, a PYMNTS and Elan collaboration based...
European payment service provider (PSP) Nets is partnering with Ethoca, a Mastercard company, to help merchants and banks minimize chargebacks, lower consumer transaction confusion, and better share details of confirmed fraud and dispute information. Get the Full Story Complete the form to unlock this article...
With credit card interest rates at new highs, campaigners want there to be more caps on the rates, The Guardian writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Consumers want more than just a great interest rate when they choose a credit card issuer, PYMNTS research has revealed. Three out of four consumers consider user experience features such as cash back rewards, better data privacy protection and credit-building tools. Get the Full Story...
As consumers learn more about the costs of accepting credit cards, they’re getting more comfortable with the practice of paying surcharges for the sake of convenience — as well as a chance to help small businesses stay afloat. Get the Full Story Complete the form...
