PYMNTS Study

93% of Credit Card Users Like It When Their Bank Supports Local Charities
93% of Credit Card Users Like It When Their Bank Supports Local Charities
June 13, 2023  |  Banking

Charity begins at home, or at least the general area of one’s home, and consumers show a penchant for supporting financial institutions (FIs) and banks...

READ MORE >
Germany Digital Payment Growth May Pause as Country Enters Recession
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023  |  Digital Payments

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently...

READ MORE >
Contact Centers Being Redefined by Generative AI
Contact Centers Being Redefined by Generative AI
June 13, 2023  |  artificial intelligence

While voice recognition systems in customer service aren’t new, generative artificial intelligence (AI) is changing the nature and quality of how consumers interact with brands,...

READ MORE >
Retailer Return Policies May Put Future Sales at Risk
Retailer Return Policies May Put Future Sales at Risk
June 13, 2023  |  Retail

Despite the shopping feature’s popularity, merchants keep tightening requirements for returns.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Jobs Numbers Paint Mixed Picture of US Economic Health
Jobs Numbers Paint Mixed Picture of US Economic Health
June 12, 2023  |  Economy

A strong labor market may be softening, confirming consumer hesitancy in returning to previous spending patterns.  Get the Full Story Complete the form to unlock...

READ MORE >
Beauty Sector Rethinks Digital as eCommerce Threatens In-Store Sales
Beauty Sector Rethinks Digital as eCommerce Threatens In-Store Sales
June 12, 2023  |  eCommerce

Sector brands and merchants may need to refine their digital approach to gain customer share as consumers seeking to bring beauty to their doorstep.   Get...

READ MORE >
Grocers Losing Share of Health and Beauty Sales to eCommerce 
Grocers Losing Share of Health and Beauty Sales to eCommerce 
June 12, 2023  |  Retail

Where once consumers picked up their personal care products along with their food and beverages at the supermarket, they are increasingly shifting to digital channels...

READ MORE >
Food Brands Eye Social Commerce Despite Disappointing Results
Food Brands Eye Social Commerce Despite Disappointing Results
June 12, 2023  |  Social Commerce

Food brands may be looking for ways to capitalize on the potential of social media commerce, but for now, PYMNTS research indicates, potential is all...

READ MORE >
Merchants Using In-House Systems Miss 10% of Family Fraud Instances
Merchants Using In-House Systems Miss 10% of Family Fraud Instances
June 12, 2023  |  Fraud Prevention

Fraud is often hard to identify and resolve, and expensive, especially for large merchants using in-house solutions where fraudulent transaction dispute losses can total as...

READ MORE >