The Data Point

15% of Cardholders Cite Rewards for Increased Credit Card Spending

15% of Cardholders Cite Rewards for Increased Credit Card Spending
15% of Cardholders Cite Rewards for Increased Credit Card Spending
December 19, 2023  |  Loyalty & Rewards

Bank-issued credit cards, owned by nearly 200 million individuals in the United States, have become an essential financial tool amid inflation and rising costs, providing...

READ MORE >
Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
December 14, 2023  |  Real-Time Payments

The manufacturing industry is on the verge of a major transformation in payment practices, PYMNTS Intelligence revealed. Get the Full Story Complete the form to...

READ MORE >
Urban-Rural Divide in Digital Healthcare Participation Continues to Grow
Urban-Rural Divide in Digital Healthcare Participation Continues to Grow
December 13, 2023  |  Healthcare

When it comes to digital healthcare, consumers living in urban areas continue to increase their engagement, but those in rural areas are beginning to pull...

READ MORE >
Mobile Wallet Users Report Higher Satisfaction for Bill Payments
Mobile Wallet Users Report Higher Satisfaction for Bill Payments
December 12, 2023  |  Mobile

The more often consumers use mobile wallets to pay their bills, PYMNTS Intelligence reveals, the more satisfied they are with the experience.  Get the Full...

READ MORE >
Nearly 40% of Credit Unions Say No to Installment Loans
Nearly 40% of Credit Unions Say No to Installment Loans
December 11, 2023  |  Credit Unions

Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto...

READ MORE >
Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
December 08, 2023  |  Mobile

With the advent of smartphones, consumers have embraced the convenience of shopping from the palm of their hand, resulting in a significant transformation in their...

READ MORE >
Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
December 07, 2023  |  Real-Time Payments

The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. Get the Full Story Complete the...

READ MORE >
Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
December 06, 2023  |  Social Commerce

Social media platforms like Facebook, Instagram and TikTok have revolutionized the way consumers shop and interact with brands, with each channel meeting different consumer interests...

READ MORE >