data brief

Canadian Businesses Wait 41 Days to Get Paid

Canadian Businesses Wait 41 Days to Get Paid
Canadian Businesses Wait 41 Days to Get Paid
December 15, 2021  |  B2B Payments

Canadian businesses are waiting longer than ever to realize the revenue from their sales. Today, the average days sales outstanding (DSO) reported by Canadian firms is...

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Consumers Typically Use Debit Cards to Pay In-Store, Credit Online
Consumers Typically Use Debit Cards to Pay In-Store, Credit Online
December 13, 2021  |  Payment Methods

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Consumers Have Nearly Twice the Subscriptions They Had in February 2020
Consumers Have Nearly Twice the Subscriptions They Had in February 2020
December 10, 2021  |  Subscriptions

Consumers’ use of automated payments for subscription services has grown steadily, but growth has been particularly substantial over the past two years. This behavior aligns...

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65% of Americans Have Made a Purchase with a Credit Card in the Last 12 Months 
65% of Americans Have Made a Purchase with a Credit Card in the Last 12 Months 
December 09, 2021  |  Credit Cards

Credit cards are the gold standard for payments in America. Sixty-five percent of the U.S. population — 168 million adults — have made a purchase...

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45% of Consumers Want Payment Plans for Healthcare Visits
45% of Consumers Want Payment Plans for Healthcare Visits
December 08, 2021  |  Healthcare

Numbers can be misleading without context. While most patients have health insurance, the majority of American families live paycheck to paycheck and are at risk...

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52% of UK Consumers Shop for Groceries Online More Than They Did in 2020
52% of UK Consumers Shop for Groceries Online More Than They Did in 2020
December 07, 2021  |  Retail

British consumers have been increasing their usage of online shopping for groceries for close to two years, since the pandemic began in March 2020. Get the...

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73% of FIs That Offer Cryptocurrency Plan to Add More
73% of FIs That Offer Cryptocurrency Plan to Add More
December 06, 2021  |  Cryptocurrency

Despite the availability of new payment options, many financial institutions (FIs) lag the marketplace interest in cross-border payments innovations, especially when it comes to providing...

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77% of Top-Performing Subscription Merchants Offer Features Known to Inspire Consumer Trust 
77% of Top-Performing Subscription Merchants Offer Features Known to Inspire Consumer Trust 
December 03, 2021  |  Subscriptions

There is increasing pressure on retail subscription merchants to improve their customers’ overall subscription experiences in order to stand out and meet their higher-than-ever expectations. ...

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