PYMNTS Intelligence

Top-Performing Subscription Merchants Let Their Customers Take a Break

Top-Performing Subscription Merchants Let Their Customers Take a Break
Top-Performing Subscription Merchants Let Their Customers Take a Break
December 27, 2023  |  Subscriptions

Top-performing retail subscription merchants offer their customers the option to take a step back, while merchants that do not provide this kind of flexibility tend...

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Smartphones, Smart TVs Drive Surge in Connected Device Ownership in 2023
Smartphones, Smart TVs Drive Surge in Connected Device Ownership in 2023
December 27, 2023  |  Connected Economy

The adoption of connected devices, including smartphones, smart TVs and voice-controlled assistants, surged in 2023, indicating an increasing reliance on technology to streamline everyday activities. ...

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Nearly 40% of High-Income Consumers Use Pay Later Plans
Nearly 40% of High-Income Consumers Use Pay Later Plans
December 27, 2023  |  Consumer Finance

In recent years, split-pay options have gained popularity among consumers of all demographic groups looking for greater flexibility in managing their expenses. But it’s not...

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Two-Thirds of Gen Z Didn’t Know They Could Make Pay-by-Bank Payments
Two-Thirds of Gen Z Didn’t Know They Could Make Pay-by-Bank Payments
December 27, 2023  |  Payment Methods

An account-to-account (A2A) payment, as the name suggests, allows a person or business to send money directly from one account to another in a quick,...

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Nearly 1 in 3 Hospitality SMBs Rely on National Banks for Credit
Nearly 1 in 3 Hospitality SMBs Rely on National Banks for Credit
December 27, 2023  |  SMBs

Main Street small and medium-sized businesses (SMBs), which faced challenges during the pandemic and managed to stay afloat, are aiming to stabilize their finances in...

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Gen Z Favors Brands vs Retailers for Card-Linked Offers
Gen Z Favors Brands vs Retailers for Card-Linked Offers
December 26, 2023  |  Retail

Retailers and brands are constantly seeking ways to foster customer loyalty and generate new sources of sales. One effective strategy is to leverage item-level receipt...

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Security Concerns Limit Growth of Instant Payments for Rent-Related Refunds
Security Concerns Limit Growth of Instant Payments for Rent-Related Refunds
December 26, 2023  |  Real-Time Payments

Rental prices keep on rising year after year, and some rental contracts have been tightened by requiring larger deposits at the signing. To illustrate: since...

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Reshaping the Future: Why Gen AI’s Creative Power Calls for Strategic Oversight
Reshaping the Future: Why Gen AI’s Creative Power Calls for Strategic Oversight
December 26, 2023  |  Artificial Intelligence

With the widespread emergence of OpenAI’s large language model-based ChatGPT platform in late 2022, a considerable amount of public attention and private capital have been...

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Year in Review: Social Media eCommerce Has Not Yet Caught On
Year in Review: Social Media eCommerce Has Not Yet Caught On
December 22, 2023  |  eCommerce

Social platforms such as TikTok, Facebook and Instagram have made it quicker and easier for consumers worldwide to share their shopping stories and start retail...

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