PYMNTS Intelligence

40% of Millennials Tap Installment Plans to Improve Their Credit Scores

40% of Millennials Tap Installment Plans to Improve Their Credit Scores
40% of Millennials Tap Installment Plans to Improve Their Credit Scores
October 16, 2023  |  Payment Methods

Installment plans have emerged as a popular payment method, offering consumers the flexibility to pay for their purchases over time, rather than upfront. This enables...

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Failed Payments Are Costing Companies Their Best Subscribers and 9% of Revenue
Failed Payments Are Costing Companies Their Best Subscribers and 9% of Revenue
October 16, 2023  |  Subscriptions

Subscribers want a smooth shopping experience: Data from several PYMNTS Intelligence studies shows that 27% of users are likely to cancel their subscriptions if they...

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In-Car Ordering Presents Major Drive-Thru Opportunity for Coffee Shops
In-Car Ordering Presents Major Drive-Thru Opportunity for Coffee Shops
October 16, 2023  |  Consumer Insights

As consumers for increasingly frictionless ways to order the foods and beverages they want, PYMNTS Intelligence finds that there is significant demand to integrate AI-assisted...

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Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
October 16, 2023  |  Security & Fraud

With the rise of digital transactions and online services, fraud has become an increasing concern for both consumers and businesses. Get the Full Story Complete...

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50% of Loyal Subscribers Are Young Consumers With Multiple Subscriptions
50% of Loyal Subscribers Are Young Consumers With Multiple Subscriptions
October 16, 2023  |  Subscriptions

The retail subscription industry has experienced significant growth in recent years, with providers offering a wide range of subscription models to cater to evolving consumer...

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Wine Subscribers Seek Out the Personal Touch
Wine Subscribers Seek Out the Personal Touch
October 13, 2023  |  Subscriptions

As wine subscriptions and other alcoholic beverage services look to secure consumers’ loyalty, products personalization is key, PYMNTS Intelligence reveals. Get the Full Story Complete...

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95% of Payouts to Bank Accounts Don’t Happen in Real Time
95% of Payouts to Bank Accounts Don’t Happen in Real Time
October 13, 2023  |  Real-Time Payments

The rise of open banking is evolving banks as we know it. Instead of traditional banks keeping consumer financial data solely within their closed systems,...

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Restaurants Feel Pullback as 85% of Consumers Strain Under Inflation
Restaurants Feel Pullback as 85% of Consumers Strain Under Inflation
October 12, 2023  |  Consumer Insights

With consumers overwhelmingly noticing the effects of price increases in their day-to-day lives, per PYMNTS Intelligence, restaurants are seeing diners cut back. Get the Full...

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Digital Tools Streamline Payments for Budget-Conscious Travelers
Digital Tools Streamline Payments for Budget-Conscious Travelers
October 12, 2023  |  Travel Payments

Despite ongoing economic uncertainty and inflationary pressures, travel saw a significant rise this summer. Get the Full Story Complete the form to unlock this article...

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