PYMNTS-MonitorEdge-May-2024

consumer finance

More Consumers Shopped With Apps Than at Malls on Black Friday
More Consumers Shopped With Apps Than at Malls on Black Friday
November 28, 2022  |  Shopping

Inflation cast a long shadow over Black Friday 2022. Consumer prices rose 7.7% year over year in October, leaving millions of consumers wary as they...

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PYMNTS Intelligence: The Advantages and Challenges of BNPL for Merchants
PYMNTS Intelligence: The Advantages and Challenges of BNPL for Merchants
November 25, 2022  |  BNPL

Buy now, pay later (BNPL) has taken the retail world by storm, thanks in large part to its impressive array of benefits for merchants and enhanced customer...

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Recipe for Success: Why Restaurants Should Cater to Prospective Customers
Recipe for Success: Why Restaurants Should Cater to Prospective Customers
November 23, 2022  |  Restaurant innovation

An estimated 66 million consumers, or 34% of restaurant patrons, tried a new restaurant for the first time in late September and early October. Between...

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Half of Financially Distressed Consumers Plan to Finance Holiday Purchases
Half of Financially Distressed Consumers Plan to Finance Holiday Purchases
November 16, 2022  |  Consumer Finance

With the shock waves of inflation continuing to weaken spending power, most United States consumers are toning down their expectations for the 2022 holiday shopping...

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Study Finds Consumer Interest in Consolidated Bill Pay Solutions
Study Finds Consumer Interest in Consolidated Bill Pay Solutions
November 14, 2022  |  Consumer Payments

Every month, the typical United States bill-payer must track and pay a staggering number of bills, dealing with numerous accounts and billers, each with varying...

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October Inflation Report: A Third of US Consumers Now Struggle to Pay Bills
October Inflation Report: A Third of US Consumers Now Struggle to Pay Bills
November 09, 2022  |  Consumer Finance

Inflation has begun to show signs of slowing month after month but remains at levels not seen since 1981. Half of consumers say inflation has...

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Item-Level Data Helps Gen Zs Build Financial Literacy While Saving Money
Item-Level Data Helps Gen Zs Build Financial Literacy While Saving Money
November 08, 2022  |  Consumer Finance

Inflation is at multi-decade highs, forcing us to scrutinize where every dollar is going and how to stretch those dollars as far as possible. In...

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Consumers Still Tapping Cards to Spend but Credit Growth Slows
Consumers Still Tapping Cards to Spend but Credit Growth Slows
November 07, 2022  |  Consumer Finance

We may be seeing a tipping point for debt — where gains in personal loan borrowing come at the expense of pricier credit card debt....

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Digital Wallet Users Love Bill Pay For Speed and Security
Digital Wallet Users Love Bill Pay For Speed and Security
November 07, 2022  |  Mobile Wallets

Contactless payment for purchases at the point of sale (POS) has retained its pandemic-boosted popularity, and physical cards and mobile devices equipped with near-field communication...

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