Rewards

A cashback reward program is an incentive program operated by credit card companies where a percentage of the amount spent is paid back to the card holder.

Source: en.wikipedia.org

Gen Z and Millennials Use Credit as Cash Management Tool
Gen Z and Millennials Use Credit as Cash Management Tool
June 01, 2023  |  Consumer Payments

PYMNTS’ research finds that 83% of consumers made payments for credit products in the last 90 days. Credit, in general, is a significant part of...

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Brands Tap New Data Sources to Target Second-Time Buyers
Brands Tap New Data Sources to Target Second-Time Buyers
May 31, 2023  |  Loyalty & Rewards

Regardless of income level, we’re all wary of what things cost and where the best deal can be had, online or in-store.   It’s not too...

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Millennials Will Use Their Bank Accounts to Pay Merchants If It Comes With Rewards
Millennials Will Use Their Bank Accounts to Pay Merchants If It Comes With Rewards
May 22, 2023  |  Payments Innovation

Consistency and ease of use have made online bank transfers popular for paying recurring bills. However, one-quarter of consumers who tried online bank transfers, also...

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Truist Invites Clients to Play Financial Wellness ‘Long Game’
Truist Invites Clients to Play Financial Wellness ‘Long Game’
May 18, 2023  |  financial apps

Truist’s Foundry startup has an app that rewards users for building healthy financial habits. Dubbed “Long Game,” the mobile app gives Truist clients the chance to...

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OmniPay and Discover Global Network Partner to Launch Travel Card
OmniPay and Discover Global Network Partner to Launch Travel Card
May 11, 2023  |  Travel Payments

OmniPay and Discover® Global Network have partnered to launch the OmniPay Travel Card. This collaboration brings together the capabilities of OmniPay, a non-bank financial institution (NBFI) and electronic...

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Prizeout Adds Rewards to Tandem’s Expense-Sharing App
Prizeout Adds Rewards to Tandem’s Expense-Sharing App
May 03, 2023  |  Loyalty & Rewards

Prizeout and Tandem have partnered to boost the purchasing power of couples who split expenses. With this new collaboration, couples who use the expense-sharing app...

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Time-Saving Incentives Will Help Restaurants Reach Gen Z, Millennials
Time-Saving Incentives Will Help Restaurants Reach Gen Z, Millennials
May 02, 2023  |  Restaurant innovation

Time is money. And, as noted in the PYMNTS collaboration with LendingClub, “New Reality Check: The Paycheck-to-Paycheck Report,” consumers representing the youngest two adult generations...

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British Consumers Expect Inflation to Slow
British Consumers Expect Inflation to Slow
May 01, 2023  |  International

British consumers are feeling more optimistic about inflation. Consumers said in April that they expect inflation to be 5.2% a year from now, a figure...

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How Experience-Driven Credit Card Rewards Can Win Gen Z, Millennial Loyalty
How Experience-Driven Credit Card Rewards Can Win Gen Z, Millennial Loyalty
May 01, 2023  |  Loyalty & Rewards

Brits love rewards and place loyalty programs among the top factors considered when choosing where to shop, PYMNTS research has shown. And it’s no different...

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