Pay later plans break up the cost of purchases into smaller scheduled payments over time. These plans have gained popularity with consumers. However, PYMNTS Intelligence data reveals that some confusion on the part of merchants lingers as to which plans best meet the needs of...
Yendo, a FinTech offering a credit card tied to users’ car equity, is $165 million richer. The company announced the new funding — $150 in debt financing, $15 million in equity — Thursday (May 16), saying it would use it to fuel the growth of originations on...
Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around buy now, pay later (BNPL) options. For example, Generation Z has kept a steady use rate for pay later plans...
PYMNTS Intelligence finds that 2.5 times as many consumers possess a general-use credit card than own a co-branded credit or store card. Yet, because 27% of all U.S. consumers also have these more specialized cards, we wanted to take a closer look at their popularity....
May 16, 2024
Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around buy now, pay later (BNPL) options. For example, Generation Z has kept a steady use rate for pay later plans in the past six months. This counterbalances a slight dip […]
May 13, 2024
Card-linked offers — promotions intended to entice consumers to use their credit and debit cards — are incredibly popular with consumers. That is, once they use them. According to PYMNTS...
May 10, 2024
They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income and age boundaries, even if...
May 09, 2024
The internet has been both a blessing and a curse to society and commerce alike. And with the news Wednesday (May 8) that a criminal network of over 75,000 fake eCommerce...
May 16, 2024
California-based Avidbank has tapped CorServ to help launch a new credit card program for the bank’s commercial customers. Avidbank transitioned from its previous program to CorServ’s Account Issuer program, the companies said in a Tuesday (May 14) press release. The new program provides Avidbank’s commercial customers with better choices of credit card products, self-service interfaces for managing their cards, […]
May 16, 2024
Yendo, a FinTech offering a credit card tied to users’ car equity, is $165 million richer. The company announced the new funding — $150 in debt financing, $15 million in equity —...
May 13, 2024
Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased benefits and more opportunities to...
May 10, 2024
The government’s new rule that would limit credit card late fees has been blocked by a federal judge in Texas. In a Friday (May 10) decision, Judge Mark Pittman of...
