PYMNTS Intelligence

54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries

54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries
54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries
May 31, 2024  |  Consumer Finance

Pay later plans — those arrangements enabling consumers to cover purchases over a set period of time — are not only a popular way to...

READ MORE >
User Experience Is Make-or-Break for Resale Platforms
User Experience Is Make-or-Break for Resale Platforms
May 31, 2024  |  Retail

For secondhand goods marketplaces to function, they need to attract sellers, and those who want to resell items care about more than whether there are...

READ MORE >
Instant Payments Drive Profits for the Small Restaurants That Use Them
Instant Payments Drive Profits for the Small Restaurants That Use Them
May 31, 2024  |  Faster Payments

Forty percent of the independent mom-and-pop restaurants in the U.S. that generate $10 million or less annually now use instant payment rails as their primary...

READ MORE >
42% of Low-Income, Younger Consumers Use Debit Cards When Grocery Shopping
42% of Low-Income, Younger Consumers Use Debit Cards When Grocery Shopping
May 31, 2024  |  Consumer Payments

A wide variety of consumers across income levels and ages are showing a preference for paying for purchases with cash and debit cards, likely in...

READ MORE >
Treasury Management Playbook Dials Up New Cash Flow Strategies
Treasury Management Playbook Dials Up New Cash Flow Strategies
May 31, 2024  |  Risk Management

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 >
High-Income Shoppers Likeliest to Abandon Carts Online
High-Income Shoppers Likeliest to Abandon Carts Online
May 30, 2024  |  eCommerce

As shoppers engage with eCommerce channels, high-income consumers prove, perhaps counterintuitively, to be the most likely to ditch their would-be purchases without completing the transaction....

READ MORE >
Gen Z Members Expect Credit Unions to Double Banking Features
Gen Z Members Expect Credit Unions to Double Banking Features
May 30, 2024  |  Credit Unions

According to PYMNTS Intelligence data, 95% of U.S. credit unions (CUs) are now wooing prospective Gen Z members. Get the Full Story Complete the form...

READ MORE >
75% of Companies That Invested $5M+ in AI Plan to Cut Back
75% of Companies That Invested $5M+ in AI Plan to Cut Back
May 29, 2024  |  artificial intelligence

According to our recent “C(AI)O Report: High Impact, Big Reward: Meet the GenAI-Focused CFO,” six in 10 CFOs say generative AI (GenAI) is the greatest...

READ MORE >
20% of Financially Unstable Consumers Cite Discretionary Spending as Reason
20% of Financially Unstable Consumers Cite Discretionary Spending as Reason
May 29, 2024  |  Consumer Insights

Nonessential spending is far from the No. 1 reason that consumers struggle with financial instability, but for a significant share of those living paycheck to...

READ MORE >