data brief

Merchants Accept Digital Wallets but Will Not Invest in Innovation

Merchants Accept Digital Wallets but Will Not Invest in Innovation
Merchants Accept Digital Wallets but Will Not Invest in Innovation
August 03, 2023  |  Mobile

Around the world, merchants large and small have adopted digital wallet payments, but many are now happy with the status quo and not particularly interested...

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Subscription Merchants See Failed Payments Spike Churn Rates
Subscription Merchants See Failed Payments Spike Churn Rates
August 02, 2023  |  Subscriptions

When the subscription industry’s customers experience failed payments, it can directly lead to churn, PYMNTS research reveals, prompting merchants to lose out on hundreds of...

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Millennials Flock to Digital Wallets but Boomers Are More Cautious
Millennials Flock to Digital Wallets but Boomers Are More Cautious
August 01, 2023  |  Mobile

As consumers across age groups adopt mobile wallets, some generations are engaging with the technology in many different aspects of their lives, while others are...

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Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
July 31, 2023  |  Digital Payments

Here on the other side of the pandemic, industry verticals that are modernizing through digital payments transformation are seeing the payoffs across functions including accounts...

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More Than Half of Consumers Trust the Added Security of Payment Credentials Vaults
More Than Half of Consumers Trust the Added Security of Payment Credentials Vaults
July 28, 2023  |  Digital Payments

Given a safe alternative, most consumers would rather not reenter payment card info every time they make a purchase online. That’s where credential vaults come...

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Nearly a Third of Consumers Want More Than Biometric Authentication When Accessing Bank Accounts
Nearly a Third of Consumers Want More Than Biometric Authentication When Accessing Bank Accounts
July 27, 2023  |  Authentication

When it comes to authentication, consumers increasingly trust and prefer the biometrics afforded by smartphones to protect their identities. Get the Full Story Complete the...

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The Digital Economy Touches Twice as Many High-Income Earners as Lower-Income Consumers
The Digital Economy Touches Twice as Many High-Income Earners as Lower-Income Consumers
July 26, 2023  |  Connected Economy

Effects of the pandemic continue to be felt, and one area of marked change is in the use of the digitally connected economy, which is...

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21% of Consumers Find Making Healthcare Payments Difficult
21% of Consumers Find Making Healthcare Payments Difficult
July 25, 2023  |  Healthcare

The possibilities for managing aspects of our healthcare via digital means are resonating more across the demographic spectrum as platforms and portals increase in popularity...

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