Retailers’ revenue from store credit cards is reportedly facing pressure for several reasons. These forces are impacting all retailers, but especially department stores, whose businesses face other challenges as well, CNBC reported Wednesday (April 10). The latest change affecting store credit cards is the new federal rule...
Brands looking to drive adoption with card-linked offers have found their best customers in the younger generations. By the Numbers The PYMNTS Intelligence report “Leveraging Item-Level Receipt Data: How Personalized Card-Linked Offers Drive Store Card Usage,” created in collaboration with Banyan, drew from a survey...
Debit remains among consumers’ preferred payment methods, allowing them to spend only the funds on hand. But for merchants, rewarding consumers for using debit cards — specifically, merchant-branded cards — may hold an uneven track record. Kroger announced last week on its web page, that...
There is an election in the U.S. tomorrow, a hotly contested one on many fronts. In the months leading up to it, the world has become a very talky place. And, until the ballots are all cast and counted, we will see a lot more conversation, but not...
July 05, 2023
Debit remains among consumers’ preferred payment methods, allowing them to spend only the funds on hand. But for merchants, rewarding consumers for using debit cards — specifically, merchant-branded cards — may hold an uneven track record. Kroger announced last week on its web page, that “We are no longer accepting applications for the Rewards Debit […]
April 10, 2024
Retailers’ revenue from store credit cards is reportedly facing pressure for several reasons. These forces are impacting all retailers, but especially department stores, whose businesses face other challenges as well, CNBC reported Wednesday (April 10). The latest change affecting store credit cards is the new federal rule that will cap credit card late fees at $8, according […]
