consumer payments

Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
February 29, 2024  |  eCommerce

Cart abandonment, a key element of increasing online conversion, poses a significant challenge for online marketplaces, retailer and brand sites. This issue is increasingly worrisome...

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Consumers Need Incentives to Pick Pay-by-Bank Options
Consumers Need Incentives to Pick Pay-by-Bank Options
December 18, 2023  |  Retail

Account-to-account (A2A) payments do just what the name implies: transfer funds between bank accounts in near real time. These payments have gained traction in recent...

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Venmo Debuts Feature for Managing Group Expenses
Venmo Debuts Feature for Managing Group Expenses
November 14, 2023  |  Payment Methods

Venmo has unveiled a new in-app feature that aims to streamline splitting and managing expenses among groups. The new Venmo Groups provide users with a convenient...

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Expensify Ventures Into Personal Payments With New App
Expensify Ventures Into Personal Payments With New App
October 23, 2023  |  Payment Methods

Expensify says it has made its first venture into the personal payments space with its new app. The firm says its new offering, announced Monday (Oct. 23), is...

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

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...

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Two-Thirds of Consumers Charged Summer Travel on Their Credit Cards
Two-Thirds of Consumers Charged Summer Travel on Their Credit Cards
September 01, 2023  |  Credit Cards

Travel rose this summer despite ongoing economic uncertainty and inflationary pressures. PYMNTS’ data finds that consumers planned to travel just as much or more this...

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Most Consumers Want One Place to Pay Their Bills, Billers Beg to Differ
Most Consumers Want One Place to Pay Their Bills, Billers Beg to Differ
July 11, 2023  |  Consumer Payments

A deep disconnect exists between holistic bill payment solutions providers and billers on the value a holistic billing platform can offer. Providers tout the benefits...

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Millennials Worry Less About Inflation and More About Paying Back Student Loans
Millennials Worry Less About Inflation and More About Paying Back Student Loans
July 07, 2023  |  Loans

United States consumers take out student loans in hopes that a college education for their children or themselves will contribute to a higher income later...

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Can Mobile Wallet Bill Pay Dethrone Legacy Methods?
Can Mobile Wallet Bill Pay Dethrone Legacy Methods?
June 16, 2023  |  Mobile Wallets

Mobile wallets are a popular way to pay bills. As of Q1 2023, 60% of consumers had used a mobile wallet to pay bills in...

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