PYMNTS Study

Germany Digital Payment Growth May Pause as Country Enters Recession

Germany Digital Payment Growth May Pause as Country Enters Recession
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023  |  Digital Payments

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently...

READ MORE >
Contact Centers Being Redefined by Generative AI
Contact Centers Being Redefined by Generative AI
June 13, 2023  |  Artificial Intelligence

While voice recognition systems in customer service aren’t new, generative artificial intelligence (AI) is changing the nature and quality of how consumers interact with brands,...

READ MORE >
Retailer Return Policies May Put Future Sales at Risk
Retailer Return Policies May Put Future Sales at Risk
June 13, 2023  |  Retail

Despite the shopping feature’s popularity, merchants keep tightening requirements for returns.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Jobs Numbers Paint Mixed Picture of US Economic Health
Jobs Numbers Paint Mixed Picture of US Economic Health
June 12, 2023  |  Economy

A strong labor market may be softening, confirming consumer hesitancy in returning to previous spending patterns.  Get the Full Story Complete the form to unlock...

READ MORE >
Beauty Sector Rethinks Digital as eCommerce Threatens In-Store Sales
Beauty Sector Rethinks Digital as eCommerce Threatens In-Store Sales
June 12, 2023  |  eCommerce

Sector brands and merchants may need to refine their digital approach to gain customer share as consumers seeking to bring beauty to their doorstep.   Get...

READ MORE >
Grocers Losing Share of Health and Beauty Sales to eCommerce 
Grocers Losing Share of Health and Beauty Sales to eCommerce 
June 12, 2023  |  Retail

Where once consumers picked up their personal care products along with their food and beverages at the supermarket, they are increasingly shifting to digital channels...

READ MORE >
Food Brands Eye Social Commerce Despite Disappointing Results
Food Brands Eye Social Commerce Despite Disappointing Results
June 12, 2023  |  Social Commerce

Food brands may be looking for ways to capitalize on the potential of social media commerce, but for now, PYMNTS research indicates, potential is all...

READ MORE >
Merchants Using In-House Systems Miss 10% of Family Fraud Instances
Merchants Using In-House Systems Miss 10% of Family Fraud Instances
June 12, 2023  |  Fraud Prevention

Fraud is often hard to identify and resolve, and expensive, especially for large merchants using in-house solutions where fraudulent transaction dispute losses can total as...

READ MORE >