Digital Economy Payments Report

Digital Wallets Used More by High Earners, BNPL More by Middle Class
Digital Wallets Used More by High Earners, BNPL More by Middle Class
February 13, 2023  |  Consumer Finance

As the economy’s digital shift continues, eCommerce growth in Q4 2022 stands above pre-pandemic projections for this period and is on its way to returning...

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Mobile Commerce to Account for 44% of Digital Sales in 2025
Mobile Commerce to Account for 44% of Digital Sales in 2025
November 02, 2022  |  Mobile Commerce

The pandemic has been a time of change in many areas, particularly the rise of eCommerce for all categories of shopping. For example, 15% of...

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Consumers Stretch Their Spend to Keep Pantries and Wallets Full
Consumers Stretch Their Spend to Keep Pantries and Wallets Full
August 25, 2022  |  Consumer Finance

Inflation fears are altering consumer behaviors in interesting ways. Affluent consumers visit stores frequently in search of bargains, and millennials are taking refuge from high...

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As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
July 22, 2022  |  Consumer Finance

Inflation continues to rear its ugly head, but PYMNTS’ data finds that some aspects of consumer spending — such as the share of consumers in...

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Debit Cards Are US Consumers’ Favorite Payments Go-To
Debit Cards Are US Consumers’ Favorite Payments Go-To
June 20, 2022  |  Consumer Finance

Consumers’ adoption of new payment methods follows the same pathway to general acceptance as many new products. After launch and initial promotion, word of mouth...

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Study Finds Debit Card NSF Declines on Rise
Study Finds Debit Card NSF Declines on Rise
May 27, 2022  |  Consumer Finance

Inflation has impacted consumers not only concerning how much they are paying at checkout but also their checkout experiences. With 49% of consumers annually earning...

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New Data Show Consumers Are Buying Less, Spending More and Changing Habits
New Data Show Consumers Are Buying Less, Spending More and Changing Habits
April 15, 2022  |  Consumer Finance

Consumers are buying less and spending more, according to recent PYMNTS research. The dollar has less buying power, and many consumers are restrict­ing their spending....

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Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and Travel
Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and...
March 17, 2022  |  Consumer Finance

As more consumers venture to dine at restaurants and travel once again, many are sticking with the digital payment habits they developed during the past...

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Payment Declines Double in Value as Consumers Ramp up Big-Ticket Purchases in January
Payment Declines Double in Value as Consumers Ramp up Big-Ticket Purchases in January
February 03, 2022  |  Consumer Finance

How consumers’ shopping and payment behaviors have evolved coming out of the holiday season offers an early — and often accurate — indication of what’s...

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