PYMNTS Study

Most Consumers Now Only Carry Cash Out of Habit

Most Consumers Now Only Carry Cash Out of Habit
Most Consumers Now Only Carry Cash Out of Habit
June 07, 2023  |  Consumer Payments

Inflation may be on a downward trajectory, but consumers do not think so, as perception affects their spending behaviors, prompting them to rethink how they...

READ MORE >
Despite eCommerce Push, 87% of Grocery Transactions Occur in Stores
Despite eCommerce Push, 87% of Grocery Transactions Occur in Stores
June 06, 2023  |  Retail

For all grocers’ efforts, their shoppers continue to favor brick-and-mortar channels by a huge margin, new PYMNTS research finds. Get the Full Story Complete the...

READ MORE >
Customers Still Tip for Restaurant Meals — or Don’t Eat Out at All
Customers Still Tip for Restaurant Meals — or Don’t Eat Out at All
June 06, 2023  |  Consumer Insights

Consumers may be pressured to reduce tips in this tight economic environment, but data shows they overwhelmingly do not skip tipping, regardless of age, income...

READ MORE >
42% of Consumers Will Switch FIs for Bundled Banking
42% of Consumers Will Switch FIs for Bundled Banking
June 06, 2023  |  Banking

Many consumers like the idea of having all their banking products reside within the same financial institution, as long as banks and FIs can overcome...

READ MORE >
In-Store Retail Purchases Threatened by Oncoming eCommerce Wave
In-Store Retail Purchases Threatened by Oncoming eCommerce Wave
June 06, 2023  |  Digital Payments

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 Grocery Shoppers Turn to Prepared Meals for Convenience
High-Income Grocery Shoppers Turn to Prepared Meals for Convenience
June 05, 2023  |  Consumer Insights

As consumers’ willingness to devote time in their day-to-day routines to home cooking declines, those with the money to spare for convenience are increasingly turning...

READ MORE >
Credit Unions Now Face Innovate-or-Else Member Crisis
Credit Unions Now Face Innovate-or-Else Member Crisis
June 05, 2023  |  Credit Unions

Innovating is often easier said than done. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

READ MORE >
80% of Millennials Use Mobile Wallets to Pay Bills
80% of Millennials Use Mobile Wallets to Pay Bills
June 05, 2023  |  Mobile Wallets

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 >
Consumption Becomes Controversial as One-Third of Consumers Won’t Quit Pricey Purchases
Consumption Becomes Controversial as One-Third of Consumers Won’t Quit Pricey Purchases
June 04, 2023  |  Consumer Insights

Affording luxury has taken on a new meaning, as many consumers have cut out all but the essentials.  Get the Full Story Complete the form...

READ MORE >