PYMNTS Study

Nearly 1 in 7 Consumers Have Paid for Gasoline in Installments

Nearly 1 in 7 Consumers Have Paid for Gasoline in Installments
Nearly 1 in 7 Consumers Have Paid for Gasoline in Installments
January 10, 2024  |  Consumer Insights

Struggling consumers are relying on installment plans for common purchases such as groceries or restaurants to stretch their budgets and make ends meet. Get the...

READ MORE >
Half of Loyal Customers Have Multiple Subscriptions, Data Shows
Half of Loyal Customers Have Multiple Subscriptions, Data Shows
January 10, 2024  |  Subscriptions

Retail product subscribers’ spending patterns and demographics can vary significantly, and understanding these dynamics can aid providers in minimizing churn and targeting the most valuable...

READ MORE >
Two-Thirds of Shoppers Used Card-Linked Offers to Make Holiday Purchases
Two-Thirds of Shoppers Used Card-Linked Offers to Make Holiday Purchases
January 10, 2024  |  Loyalty & Rewards

The 2023 holiday shopping season provided little reprieve from rising prices, and United States consumers sought ways to manage spending. This made card-linked offers especially...

READ MORE >
Women Likelier Than Men to Cut Back on Grocery Spending
Women Likelier Than Men to Cut Back on Grocery Spending
January 09, 2024  |  Consumer Insights

As consumers continue to see economic pressures eat away at their purchasing power, PYMNTS Intelligence indicated women are more likely than men to cut back...

READ MORE >
Only 5% of Mid-Sized Firms Have Fully Automated Accounts Payable, Receivable
Only 5% of Mid-Sized Firms Have Fully Automated Accounts Payable, Receivable
January 09, 2024  |  B2B Payments

Accounts payable (AP) and accounts receivable (AR) are two of the areas that typically entail more processing time and involvement of the workforce. Get the...

READ MORE >
Seniors’ Possible Purchasing Power Erosion May Lead to Less Splurging in 2024
Seniors’ Possible Purchasing Power Erosion May Lead to Less Splurging in 2024
January 09, 2024  |  Consumer Insights

Older consumers were able to maintain their purchasing power last year, mainly helped by an 8.7% jump in Social Security benefits that exceeded inflation. Get...

READ MORE >
94% of Consumers Who Use Overdrafts for $400-Plus Expenses Face  Financial Hardships
94% of Consumers Who Use Overdrafts for $400-Plus Expenses Face Financial Hardships
January 09, 2024  |  Consumer Insights

In challenging economic times, accessing credit is vital for many individuals, particularly those living paycheck to paycheck. Get the Full Story Complete the form to...

READ MORE >
Top Subscription Merchants Know the Value of Social Media
Top Subscription Merchants Know the Value of Social Media
January 08, 2024  |  Subscriptions

The most successful retail subscription companies see the value of tapping into social media apps’ wide audiences, while underperformers tend to abstain from these platforms....

READ MORE >
The Right Personalized Offers Double the Chance to Attract New Customers
The Right Personalized Offers Double the Chance to Attract New Customers
January 08, 2024  |  Consumer Insights

The trend of personalized offers and contextualized consumer experiences has emerged as a differentiating competitive factor across industries, from retail to media or travel experiences....

READ MORE >