PYMNTS Intelligence

How PayFacs Use Payments to Reshape the Digital Economy

How PayFacs Use Payments to Reshape the Digital Economy
How PayFacs Use Payments to Reshape the Digital Economy
January 23, 2024  |  Digital Payments

Payment facilitators, or PayFacs, quietly lead a revolution at the heart of the digital economy. At the center of this shakeup lies embedded finance, encompassing...

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P2P Payments Surge as Firms Pursue ‘Everything App’ Vision
P2P Payments Surge as Firms Pursue ‘Everything App’ Vision
January 22, 2024  |  Mobile

Peer-to-peer (P2P) payments are booming, with transaction volumes rising by 25%. This surge is caused by a growing number of businesses racing into the P2P...

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Three-Quarters of Grocers’ App Users Are Highly Satisfied
Three-Quarters of Grocers’ App Users Are Highly Satisfied
January 22, 2024  |  eCommerce

When it comes to executing on in-house eCommerce channels, PYMNTS Intelligence reveals, grocers are pulling it off, despite ongoing skepticism in the industry. Get the...

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Epic Games Reportedly Eyeing Subscription Launch in Race for Gamers’ Loyalty
Epic Games Reportedly Eyeing Subscription Launch in Race for Gamers’ Loyalty
January 22, 2024  |  Subscriptions

As gaming consoles and game developers alike compete for consumers’ recurring spending, Fortnite parent company Epic Games is reportedly looking into launching its own subscription...

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Affluent Consumers Most Likely to Use Store Card Installment Plans
Affluent Consumers Most Likely to Use Store Card Installment Plans
January 22, 2024  |  Payment Methods

In recent years, split-pay options have gained popularity among consumers of all demographic groups looking for greater flexibility in managing their expenses. Among all consumer...

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Failed Payments in Cross-Border Sales Is an Unresolved Problem
Failed Payments in Cross-Border Sales Is an Unresolved Problem
January 22, 2024  |  eCommerce

Online commerce carries a number of risks related to digital fraud and payment failure that can result in lost sales and an erosion of brand...

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3 in 4 Consumers With Children Are Likely to Use Card-Linked Offers for Traveling
3 in 4 Consumers With Children Are Likely to Use Card-Linked Offers for Traveling
January 22, 2024  |  Credit Cards

Credit cards have become more than just a means of payment. With the rise of travel credit cards, consumers now have the opportunity to earn...

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Nearly 40% of Consumers Say No to Pay-by-Bank Payments Even With Incentives
Nearly 40% of Consumers Say No to Pay-by-Bank Payments Even With Incentives
January 22, 2024  |  Payment Methods

Pay-by-bank payments, also known as account-to-account (A2A) payments, allow consumers to transfer funds between bank accounts in real time. These payments bypass traditional card networks...

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