Consumer Spending

34% of Gen Z Consumers Say Splurging Contributes to Financial Distress
34% of Gen Z Consumers Say Splurging Contributes to Financial Distress
April 30, 2024  |  Consumer Insights

Spoiler alert: The title of PYMNTS Intelligence’s new report, “Why 60% of Gen Z’s Live Paycheck to Paycheck” gives away a key finding. Six in 10 Generation...

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Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
April 30, 2024  |  Consumer Finance

Consumers are becoming more cautious in their spending, Citi CEO Jane Fraser said Tuesday (April 30). Get the Full Story Complete the form to unlock this article and enjoy...

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PayPal Sees Jump in Transactions Per Account as Fastlane Checkout Boosts Conversions
PayPal Sees Jump in Transactions Per Account as Fastlane Checkout Boosts Conversions
April 30, 2024  |  Earnings

PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Get...

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Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
April 30, 2024  |  Retail

Walmart is expanding its private-label offerings with the debut of “chef-inspired” food brand bettergoods. Get the Full Story Complete the form to unlock this article and...

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Low-Income Consumers Choose Retailers Over D2C When Shopping Online
Low-Income Consumers Choose Retailers Over D2C When Shopping Online
April 29, 2024  |  eCommerce

When low-income shoppers tap digital channels, they prefer to shop with retailers rather than going straight to brands’ eCommerce shops, trusting stores to offer them...

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Artsy Shoppers Are Ditching Craft Stores for More Convenient eCommerce Options
Artsy Shoppers Are Ditching Craft Stores for More Convenient eCommerce Options
April 29, 2024  |  Retail

Consumers are cutting back on nice-to-haves like craft supplies, and even when they do buy these items, they are increasingly choosing retail giants such as Amazon,...

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1 in 4 Consumers Prefer Credit Cards From Local Banks or Credit Unions
1 in 4 Consumers Prefer Credit Cards From Local Banks or Credit Unions
April 29, 2024  |  Credit Cards

According to PYMNTS Intelligence, credit unions (CUs) and community banks continue to gain traction in the consumer credit card space. Get the Full Story Complete...

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Credit Card Delinquencies Dip Amid Continued Consumer Spending
Credit Card Delinquencies Dip Amid Continued Consumer Spending
April 29, 2024  |  Credit Cards

Credit card delinquency rates fell last month as consumers continued to spend. Get the Full Story Complete the form to unlock this article and enjoy...

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Trove CEO: Consumers Look to Brands for Streamlined Resale Experiences
Trove CEO: Consumers Look to Brands for Streamlined Resale Experiences
April 26, 2024  |  Retail

Tired of proverbially picking their way through online resale marketplaces, consumers are looking for more streamlined secondhand shopping experiences that more closely resemble the ease...

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