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‘Acquiring in a Box’ in Mexico Helps Merchants Dethrone ‘King Cash’
‘Acquiring in a Box’ in Mexico Helps Merchants Dethrone ‘King Cash’
June 12, 2023  |  Payment Methods

In Latin America, cash remains king. That’s true for many markets in the region, and Mexico stands out as a prime example. Roughly 85% of...

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UK Tribunal Halts Proposed Class-Action Lawsuits Against Mastercard and Visa
UK Tribunal Halts Proposed Class-Action Lawsuits Against Mastercard and Visa
June 08, 2023  |  Credit Cards

Proposed lawsuits against Mastercard and Visa in the United Kingdom have been halted. The country’s Competition Appeal Tribunal ruled Thursday (June 8) that the four lawsuits proposed by...

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Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments Security Decisions
Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments...
June 07, 2023  |  Regulation

If at first you don’t succeed, try, try again. That seems to be the prevailing sentiment Wednesday (June 7) when it was announced that the Credit...

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Most Consumers Now Only Carry Cash Out of Habit
Most Consumers Now Only Carry Cash Out of Habit
June 07, 2023  |  Consumer Payments

Inflation may be on a downward trajectory, but consumers do not think so, as perception affects their spending behaviors, prompting them to rethink how they...

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CPI Card Group CEO Scott Scheirman to Retire in February
CPI Card Group CEO Scott Scheirman to Retire in February
June 05, 2023  |  Personnel

CPI Card Group President and CEO Scott Scheirman intends to retire Feb. 28, 2024. Scheirman will continue to serve until a successor is named, and...

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Credit Cards vs BNPL: A Matter of Shifting Shopper Demographics
Credit Cards vs BNPL: A Matter of Shifting Shopper Demographics
June 01, 2023  |  Payment Methods

Access to credit, the value of credit in managing personal finances, and fear of debt are all coming into play at a time when over...

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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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Mastercard Agrees With FTC Card Data Routing Order
Mastercard Agrees With FTC Card Data Routing Order
May 30, 2023  |  Regulation

Federal regulators have finalized an order requiring Mastercard to share card data with other payment networks. The Federal Trade Commission (FTC) said the consent order settles...

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Meet the High Earners Who Can’t Get Credit
Meet the High Earners Who Can’t Get Credit
May 30, 2023  |  Consumer Finance

Access to credit may be the key factor determining whether consumer spending will continue to be resilient. Or not. As detailed in the report “How...

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