PYMNTS Intelligence

Shoppers Are Way More Interested in Personalized Discounts Than Recommendations

Shoppers Are Way More Interested in Personalized Discounts Than Recommendations
Shoppers Are Way More Interested in Personalized Discounts Than Recommendations
June 24, 2024  |  Consumer Insights

As consumers seek more individualized shopping experiences, PYMNTS Intelligence research finds that there is far greater demand for targeted promotions than for personalized recommendations without...

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Consumers Say They Use Credit to Buy Essentials and Spend More
Consumers Say They Use Credit to Buy Essentials and Spend More
June 24, 2024  |  Credit Cards

Although consumer spending dipped slightly last month, not all spending choices are created equally. While some consumers curtail spending by choice, others do it entirely...

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Retailers See 78% Boost From Low-Income Shoppers’ Use of Credit
Retailers See 78% Boost From Low-Income Shoppers’ Use of Credit
June 24, 2024  |  Retail

As financially unstable consumers seek ways to afford to shop, credit is enabling them to make higher-value purchases, and retailers are seeing the benefit. Get...

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Why the Connected Economy Isn’t
Why the Connected Economy Isn’t
June 24, 2024  |  Connected Economy

The 2,000 members of the Marubo tribe were among the most disconnected people on Planet Earth. A people whose roots span many centuries, they live...

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Grocery Shoppers Favor Omnichannel Purchasing Journeys
Grocery Shoppers Favor Omnichannel Purchasing Journeys
June 21, 2024  |  Retail

Pure-play eCommerce may be slow to catch on in grocery, but PYMNTS Intelligence research shows omnichannel engagement has caught on in that realm. Get the...

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Only 6% of Acquirers Offer Installment Payment Options at Checkout
Only 6% of Acquirers Offer Installment Payment Options at Checkout
June 21, 2024  |  Buy Now Pay Later

Fifty-four percent of acquirers — those financial institutions (FIs) that process credit and debit card transactions on behalf of merchants — say they support card-linked...

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Instant Refunds? Consumers Say They’ll Pay for That
Instant Refunds? Consumers Say They’ll Pay for That
June 21, 2024  |  Money Mobility

Overpayment disbursements are not the most common payouts nor the largest. In fact, just 7.1% of consumers report they received overpayment disbursements this year. The...

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Why Merchants Prefer Card-Linked Pay Later Options
Why Merchants Prefer Card-Linked Pay Later Options
June 21, 2024  |  Consumer Payments

Merchants are increasingly recognizing the value of offering general-purpose credit card-linked installment plans. In fact, 37% of merchants now provide these installment plans at checkout....

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Amazon and Walmart Court Zillennials’ Loyalty With Sustainability Initiatives
Amazon and Walmart Court Zillennials’ Loyalty With Sustainability Initiatives
June 21, 2024  |  Retail

As Amazon and Walmart look to secure the affinity of young consumers whose spending power is on the rise, the two retail giants are looking...

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