Rewards

A cashback reward program is an incentive program operated by credit card companies where a percentage of the amount spent is paid back to the card holder.

(source: en.wikipedia.org)

Did Kroger Just Trade Debit Rewards for Digital Coupons and Credit?
Did Kroger Just Trade Debit Rewards for Digital Coupons and Credit?
July 05, 2023  |  Retail

Debit remains among consumers’ preferred payment methods, allowing them to spend only the funds on hand.  But for merchants, rewarding consumers for using debit cards...

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Banks Try Digital Gift Cards to Turn Everyday Spend Into Loyalty Perk
Banks Try Digital Gift Cards to Turn Everyday Spend Into Loyalty Perk
July 03, 2023  |  Loyalty & Rewards

Today’s hostile macroclimate is proving to be historically hungry for consumers’ purchasing power. Record inflation is eating up Americans’ ability to make everyday purchases with...

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Gen Z Looks for Special Offers When Choosing a Restaurant
Gen Z Looks for Special Offers When Choosing a Restaurant
June 21, 2023  |  Restaurant innovation

Restaurants looking to win the spending of young customers now, securing loyalty for years or even decades to come, may find that they can woo...

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Pay-by-Bank Rewards Programs Can Build Stronger Consumer-Merchant Bonds
Pay-by-Bank Rewards Programs Can Build Stronger Consumer-Merchant Bonds
June 20, 2023  |  Payment Methods

Driven as they are by payment choice, many consumers like the idea of account-to-account (A2A) transfers, known by several other names including pay by bank...

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Can Exclusive 48-Hour Product Preview Access Save J.Crew? 
Can Exclusive 48-Hour Product Preview Access Save J.Crew? 
June 15, 2023  |  Retail

J.Crew once had a chokehold on a cohort of consumers who seemingly loved the preppy vibe along with brands like Abercrombie & Fitch and Hollister...

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PYMNTS Summer Loyalty Series: 95% of Ulta Beauty Sales Driven by Loyalty Members
PYMNTS Summer Loyalty Series: 95% of Ulta Beauty Sales Driven by Loyalty Members
June 02, 2023  |  Loyalty & Rewards

Loyalty is a beautiful thing for consumers and retailers, and loyalty in the beauty space is doubly so, in that choice of retailers and products...

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Gen Z and Millennials Use Credit as Cash Management Tool
Gen Z and Millennials Use Credit as Cash Management Tool
June 01, 2023  |  Consumer Payments

PYMNTS’ research finds that 83% of consumers made payments for credit products in the last 90 days. Credit, in general, is a significant part of...

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Brands Tap New Data Sources to Target Second-Time Buyers
Brands Tap New Data Sources to Target Second-Time Buyers
May 31, 2023  |  Loyalty & Rewards

Regardless of income level, we’re all wary of what things cost and where the best deal can be had, online or in-store.   It’s not too...

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Millennials Will Use Their Bank Accounts to Pay Merchants If It Comes With Rewards
Millennials Will Use Their Bank Accounts to Pay Merchants If It Comes With Rewards
May 22, 2023  |  Payments Innovation

Consistency and ease of use have made online bank transfers popular for paying recurring bills. However, one-quarter of consumers who tried online bank transfers, also...

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