Did you know that 80 percent of customers prefer debit cards for everyday purchases? Or that as the average customer spends up to 100 percent more when using a debit card versus cash? Resilient, trusted debit cards have been riding a wave of popularity since...
Debt markets contract during economic downturns — a point the pandemic is proving beyond the shadow of a doubt as debit usage causes a near-total eclipse of credit in Q2 and after. PYMNTS latest Next-Gen Debit Tracker® done in collaboration with PULSE, A Discover Company,...
Advances in mobile banking apps have taught financial institutions (FIs) that people desire more control over their money – in their hands, on their phones and with their apps. But that convenience is secondary to the other thing FIs are learning about debit: People today...
The pandemic has changed how consumers purchase goods, with many avoiding brick-and-mortar stores due to the continued threat of catching the virus in public spaces. Shoppers are instead redirecting their purchasing energies toward the digital realm, with recent PYMNTS research finding that 29.2 percent of...
July 28, 2020
The pandemic has changed how consumers purchase goods, with many avoiding brick-and-mortar stores due to the continued threat of catching the virus in public spaces. Shoppers are instead redirecting their purchasing energies toward the digital realm, with recent PYMNTS research finding that 29.2 percent of U.S. consumers did at least some shopping online as of […]
July 02, 2020
Consumers who are seeking to avoid exposing themselves or others to COVID-19 are turning to eCommerce where possible and are demanding touch-free ways to pay when they have to visit...
April 28, 2020
The coronavirus pandemic has left consumers staying home when possible to stop the virus’s spread. It has also made them wary of taking on debt because their financial circumstances could...
