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Baby Boomers Prefer Credit Card Installment Plans 2:1 Over BNPL

Baby Boomers Prefer Credit Card Installment Plans 2:1 Over BNPL
Baby Boomers Prefer Credit Card Installment Plans 2:1 Over BNPL
September 05, 2023  |  Consumer Finance

There’s a clear preference for credit card installment plan versus buy now, pay later (BNPL) preferences by baby boomers and seniors. Of these surveyed consumers,...

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Boosting Rewards and Limits Can Grow BNPL Usage
Boosting Rewards and Limits Can Grow BNPL Usage
September 05, 2023  |  BNPL

Paying for purchases in installments is a classic concept in retail, with legacy offerings such as Christmas layaway plans helping consumers manage their spending for...

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Lack of Rewards Don’t Deter Consumers From Using Bank Account to Pay
Lack of Rewards Don’t Deter Consumers From Using Bank Account to Pay
September 04, 2023  |  Payment Methods

Reward programs have become a significant factor influencing consumer behavior, with many individuals opting for specific payment methods that allow them to earn points or...

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Two-Thirds of Consumers Charged Summer Travel on Their Credit Cards
Two-Thirds of Consumers Charged Summer Travel on Their Credit Cards
September 01, 2023  |  Credit Cards

Travel rose this summer despite ongoing economic uncertainty and inflationary pressures. PYMNTS’ data finds that consumers planned to travel just as much or more this...

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Visa Canada Appoints Dan Iwachiw as Head of Products
Visa Canada Appoints Dan Iwachiw as Head of Products
August 31, 2023  |  Personnel

Visa Canada announced in an email Thursday (Aug. 31) to PYMNTS that Dan Iwachiw is now the vice president and head of Canada Products. Get the Full Story...

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Retail Earnings Reports Signal Shopper Hesitancy Going Into Holiday Shopping Season
Retail Earnings Reports Signal Shopper Hesitancy Going Into Holiday Shopping Season
August 31, 2023  |  Economy

Merchants focused on nonessentials are restrategizing as shoppers predict a long way until inflation’s end. Get the Full Story Complete the form to unlock this...

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Visa and Mastercard Interchange Fee Increases May Come in October, April
Visa and Mastercard Interchange Fee Increases May Come in October, April
August 30, 2023  |  Credit Cards

Visa and Mastercard are reportedly preparing to raise the credit card fees paid by merchants. Get the Full Story Complete the form to unlock this...

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Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
August 29, 2023  |  Personal Finance

Nearly 200 million in the United States hold at least one bank-issued credit card — a financial tool which has come in handy as inflation...

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