Consumer Spending

Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels

Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
July 27, 2023  |  Mastercard

New payment flows and Click to Pay transactions surged for Mastercard in the second quarter of 2023 as consumers and businesses continued to turn to digital channels as their...

READ MORE >
GDP Data Shows Disposable Income Growth Slowing as Consumers Seek to Pad Savings
GDP Data Shows Disposable Income Growth Slowing as Consumers Seek to Pad Savings
July 27, 2023  |  Consumer Insights

The latest data from the U.S. Department of Commerce show that consumer spending helped push gross domestic product (GDP) past expectations. Get the Full Story Complete the form to...

READ MORE >
Coca-Cola Adjusts for Cost-Conscious Consumers as Shoppers Trade Down
Coca-Cola Adjusts for Cost-Conscious Consumers as Shoppers Trade Down
July 26, 2023  |  Earnings

As consumers continue to seek more affordable options amid inflation, Coca-Cola is shifting its product strategy toward cost-cutting shoppers. Get the Full Story Complete the...

READ MORE >
The Digital Economy Touches Twice as Many High-Income Earners as Lower-Income Consumers
The Digital Economy Touches Twice as Many High-Income Earners as Lower-Income Consumers
July 26, 2023  |  Connected Economy

Effects of the pandemic continue to be felt, and one area of marked change is in the use of the digitally connected economy, which is...

READ MORE >
Grubhub Orders Fall by the Millions as Diners Cut Back
Grubhub Orders Fall by the Millions as Diners Cut Back
July 26, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
July 25, 2023  |  Consumer Insights

Consumer confidence is high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

READ MORE >
Why Seniors’ Surprisingly Strong Spending Power Starts at Home
Why Seniors’ Surprisingly Strong Spending Power Starts at Home
July 25, 2023  |  Consumer Finance

Paid-off homes and higher savings cushions could be behind the elder generation’s purchasing abilities. Get the Full Story Complete the form to unlock this article...

READ MORE >
Staff Shortages Drive Restaurant Visits, Spend Per Meal Decline
Staff Shortages Drive Restaurant Visits, Spend Per Meal Decline
July 25, 2023  |  Economy

June restaurant purchases were at their lowest volume in over a year as consumers tepidly, and unevenly, increased their discretionary spend. Get the Full Story...

READ MORE >