Consumer Spending

1 in 4 BNPL Users Would Like Providers to Lower Fees

1 in 4 BNPL Users Would Like Providers to Lower Fees
1 in 4 BNPL Users Would Like Providers to Lower Fees
January 11, 2024  |  BNPL

In recent years, the financial landscape has witnessed a transformative wave with the rise of buy now, pay later (BNPL) as a popular and widely...

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Affluent Consumers Value Security and Rewards When Choosing Credit Cards
Affluent Consumers Value Security and Rewards When Choosing Credit Cards
January 10, 2024  |  Credit Cards

In today’s challenging economic environment, understanding how consumers use credit cards is important. Get the Full Story Complete the form to unlock this article and...

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Retail Federation Says Consumers Kept Spending in December
Retail Federation Says Consumers Kept Spending in December
January 10, 2024  |  Retail

American retailers had a happy holiday, according to new National Retail Federation (NRF) data. Get the Full Story Complete the form to unlock this article and enjoy...

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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...

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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...

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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...

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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...

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Paycheck-to-Paycheck Consumers Show Strain as Revolving Credit Balances Spike 17.7%
Paycheck-to-Paycheck Consumers Show Strain as Revolving Credit Balances Spike 17.7%
January 08, 2024  |  Consumer Finance

Consumers loaded up on debt even before the holidays and into Black Friday — and those of us living paycheck to paycheck may feel the...

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Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November
Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November
January 08, 2024  |  Consumer Finance

Consumers’ total outstanding credit leapt by $23.7 billion in November after growing by $5.8 billion the previous month. Get the Full Story Complete the form...

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