Consumer Spending

P2P Transaction Volume Up 25% as Firms Rush to the Space

P2P Transaction Volume Up 25% as Firms Rush to the Space
P2P Transaction Volume Up 25% as Firms Rush to the Space
August 09, 2023  |  Payment Methods

Peer-to-peer (P2P) payments, a long-standing vehicle for transactions between consumers, has evolved recently into usage between merchants and consumers as well. The steady growth of...

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Nearly One in Four Gen Z Shoppers Won’t Buy If BNPL Not Offered
Nearly One in Four Gen Z Shoppers Won’t Buy If BNPL Not Offered
August 09, 2023  |  BNPL

Traditional credit is more difficult to access and increasingly expensive to maintain as the Federal Reserve keeps raising rates, driving some consumers are seeking alternative...

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Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
August 08, 2023  |  Credit Cards

It’s the $1 trillion milestone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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As on-Site Dining Dwindles, QSRs Pivot to Meet Customers at Home and in the Car 
As on-Site Dining Dwindles, QSRs Pivot to Meet Customers at Home and in the Car 
August 07, 2023  |  ResTech

Home is where the heart is — the car, too, at least when it comes to burgers and fries. Get the Full Story Complete the...

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Paycheck-to-Paycheck Consumers Who Live Alone Have Less Credit Card Debt
Paycheck-to-Paycheck Consumers Who Live Alone Have Less Credit Card Debt
August 04, 2023  |  Debt

With inflation still at high levels, Americans continue to rely on their regular paychecks to meet their expenses and financial obligations, with little or no...

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Declining Consumer Spend May Deepen Container Shipping Slowdown
Declining Consumer Spend May Deepen Container Shipping Slowdown
August 04, 2023  |  Shipping

Danish shipping giant Maersk reported a sharp fall in second-quarter earnings on Friday (Aug. 4) as global demand for the shipping of containers by sea continues its...

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Etsy Isn’t the Go-to Destination It Wants to Be as Consumers Prioritize Essentials
Etsy Isn’t the Go-to Destination It Wants to Be as Consumers Prioritize Essentials
August 04, 2023  |  Retail

In the realm of economics, few phenomena wield as much influence over consumer behavior as inflation. This relentless upward march of prices alters the very...

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Are Main Street Businesses Starting to Crack?
Are Main Street Businesses Starting to Crack?
August 03, 2023  |  Earnings

Earnings season, as always, offers up data points for Wall Street to parse — net income per share, buybacks and top-line growth. Get the Full...

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