data brief

Rising Prices See Consumers Shopping Less but Spending More
Rising Prices See Consumers Shopping Less but Spending More
May 11, 2022  |  Consumer Insights

Consumers are shopping less but spending more when they do. Inflation may have influenced this rise in expenditures in March, according to “Digital Economy Payments,”...

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Main Street Restaurants, Fitness, Personal Services Rebound From Pandemic Lows
Main Street Restaurants, Fitness, Personal Services Rebound From Pandemic Lows
May 10, 2022  |  SMBs

Three types of Main Street small and medium-sized businesses (SMBs) that were among those most affected by the pandemic have also seen the swiftest recovery...

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SMBs Say Costly, Time-Consuming Payment Processes Are Chronic Supplier Pain Point
SMBs Say Costly, Time-Consuming Payment Processes Are Chronic Supplier Pain Point
May 09, 2022  |  SMBs

Small- to medium-sized businesses (SMBs) experience several problems when making payments to suppliers. The most common pain points are manual invoice review, the high cost of...

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63% of Consumers Check Their Credit Scores Monthly
63% of Consumers Check Their Credit Scores Monthly
May 06, 2022  |  Consumer Finance

The higher a consumer’s income, the higher their credit score and the less often they check it, according to “The New Reality Check,” a PYMNTS...

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Consumers 51% More Engaged in Video Streaming, Social Media Browsing Than Shopping Online
Consumers 51% More Engaged in Video Streaming, Social Media Browsing Than Shopping Online
May 05, 2022  |  Connected Economy

When benchmarking the progress of the world’s digital transformation, one of the ways PYMNTS categorizes online activities is by those that are “transactional” activities and...

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Promotions, Free Shipping Remove Online Shopping Friction
Promotions, Free Shipping Remove Online Shopping Friction
May 04, 2022  |  Retail

U.S. merchants offer some of the most frictionless user experiences in any country. Get the Full Story Complete the form to unlock this article and...

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1 in 5 US Consumers Have Purchased Bitcoin
1 in 5 US Consumers Have Purchased Bitcoin
May 03, 2022  |  Cryptocurrency

Three cryptocurrencies are the ones that the greatest shares of consumers currently own, have ever owned and are aware of. Making the top 3 in...

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55% of Utility Company Executives Say Digitization Is Key to Industry Growth
55% of Utility Company Executives Say Digitization Is Key to Industry Growth
May 02, 2022  |  Digital Payments

The utilities industry has been digitizing payments processes for many years. When the pandemic hit in early 2020, the pace accelerated as companies pursued the...

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61% of Consumers Shopped Mostly for Essentials in March
61% of Consumers Shopped Mostly for Essentials in March
April 29, 2022  |  Connected Economy

Sixty-one percent of consumers purchased almost exclusively daily essential items like gas, health products and food in March, according to “The ConnectedEconomy™ Monthly Report,” which...

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