PYMNTS Intelligence

Study: Small Businesses Emerge as Prime Candidates for Embedded Lending Products

Study: Small Businesses Emerge as Prime Candidates for Embedded Lending Products
Study: Small Businesses Emerge as Prime Candidates for Embedded Lending Products
June 12, 2024  |  Consumer Finance

Lenders across major global economies offer embedded lending. However, data suggests that the typical lender that serves consumers or small- to medium-sized businesses (SMBs) has...

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Menus Fizzled but QR Codes Find Favor Powering Pay at Table at Restaurants
Menus Fizzled but QR Codes Find Favor Powering Pay at Table at Restaurants
June 11, 2024  |  ResTech

Decades old — tracing its origins back to the 1990s — the QR code has at times struggled to find its place in commerce and...

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Gen Z Wants to Buy Cars Most — but Buys Them Least
Gen Z Wants to Buy Cars Most — but Buys Them Least
June 11, 2024  |  Retail

Young consumers are the likeliest to be saving up to buy a car, but that rarely translates to them being able to afford a new...

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Visa: Embedded Lending Is Big Hit With Consumer Lenders, a Work in Progress With Small Business
Visa: Embedded Lending Is Big Hit With Consumer Lenders, a Work in Progress With Small...
June 11, 2024  |  SMBs

Embedded lending — the burgeoning category of payments in which borrowers apply directly within the merchant or provider’s platform — is finding traction with consumers....

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35% of Lower Income-Earning Consumers Unaware of Card-Linked Offers
35% of Lower Income-Earning Consumers Unaware of Card-Linked Offers
June 11, 2024  |  Consumer Insights

Card-linked offers — the coupon-like incentive programs that reward credit and debit card holders for using their cards — are highly popular with consumers who...

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Ad Hoc Payments Reach 30% of AP Dollar Volume for Enterprise SMBs
Ad Hoc Payments Reach 30% of AP Dollar Volume for Enterprise SMBs
June 11, 2024  |  Accounts Payable

Thanks in part to the influx of gig workers and demands of key industries, enterprise small- to medium-sized business (SMB) payers are sending 28% more...

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Baby Boomer Shoppers Set New Spending Priorities
Baby Boomer Shoppers Set New Spending Priorities
June 11, 2024  |  Retail

For older consumers, shopping is more about meeting basic needs than splurging on nonessential products to make them feel good. Get the Full Story Complete...

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Summer Staycations in Store as Consumers Trade Down on Travel
Summer Staycations in Store as Consumers Trade Down on Travel
June 10, 2024  |  Travel Payments

As we recently reported, despite steady signs of inflation, about half of U.S. consumers are planning to take summer vacations in the weeks to come...

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BNPL Users Want to Be Rewarded for Their Purchases
BNPL Users Want to Be Rewarded for Their Purchases
June 10, 2024  |  Buy Now Pay Later

More consumers would use buy now, pay later (BNPL) for larger purchases if they could be sufficiently rewarded for doing so. Get the Full Story...

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