April 06, 2023
Consumers Who Try Online Bank Transfers for Recurring Bill Pay...
After credit and debit, what is the most popular method for paying bills? If you guessed pay by bank transfers, you’d be correct. According to the study “New Payment Options:...
April 06, 2023
Retail Spend Takes a Hit as Consumers Cut out Extras
Discretionary retailers have been among the first segment to suffer as inflation continues to force customers to cut nonessential spending. Once-loyal customers are turning into merchant-agnostic deal-chasers, as 56% of...
April 06, 2023
German eCommerce Sales Fall as Consumers Avoid Nonessentials
Online shoppers in Germany are displaying a “just-the-basics” approach to spending. A report Thursday (April 6) from German eCommerce association BEVH showed that online sales of goods fell 15% during...
April 06, 2023
Constellation Brands Bypasses Stores to Boost High-End Liquor Sales
As many consumers pull back, Constellation Brands is leveraging D2C to attract higher-income customers. The beer, wine and spirits giant, parent company of a wide range of popular alcoholic beverage...
April 06, 2023
Grocers Without Strong Online Presence Risk Losing Millennial Shoppers
While 2023 might be the “year of groceries” compared to consumers’ general pullback in eating out, that doesn’t mean the sector has had it easy. Manufacturer price hikes have put small and independent...
April 06, 2023
Retail Sales Show Consumers Focused on Necessities
With inflation persisting, consumers are spending more on necessities and experiences. That’s according to the latest edition of Mastercard’s monthly SpendingPulse, released Thursday (April 6), which showed retail sales up...
April 06, 2023
38% of Consumers Used Debit for Their Last In-Store Purchase;...
Payment card preferences continue to align with earnings, determining which kind of plastic millions of consumers reach for when making retail purchases. PYMNTS explored the topic in the report “Digital...
April 06, 2023
Amazon Clinic Chief Sees Intersection of Retail and Healthcare
The future of healthcare will look a lot more like retail with customer experience coming first and artificial intelligence (AI) playing a larger role in that transformation. These were among...
April 06, 2023
MLB Says Three Strikes and You’re Outdated to Concessions Payments
With the return of baseball season, major teams are upgrading their in-arena ordering and payments. Take, for instance, New York’s Yankee Stadium, which this year is tapping Uber Eats’ technology...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Despite the tremendous growth in Click-and-Mortar™ shopping in Brazil over the last three years, the country’s retailers don’t offer 39% of the features that consumers want. PYMNTS Intelligence’s latest study, the “2024 Global Digital Shopping Index: Brazil Edition” commissioned by Visa Acceptance Solutions, draws on insights from 2,200 consumers and 622 merchants to reveal what Brazil’s merchants need to know to drive consumer satisfaction and loyalty.