consumer payments

Most Consumers Want One Place to Pay Their Bills, Billers Beg to Differ
Most Consumers Want One Place to Pay Their Bills, Billers Beg to Differ
July 11, 2023  |  Consumer Payments

A deep disconnect exists between holistic bill payment solutions providers and billers on the value a holistic billing platform can offer. Providers tout the benefits...

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Millennials Worry Less About Inflation and More About Paying Back Student Loans
Millennials Worry Less About Inflation and More About Paying Back Student Loans
July 07, 2023  |  Loans

United States consumers take out student loans in hopes that a college education for their children or themselves will contribute to a higher income later...

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Can Mobile Wallet Bill Pay Dethrone Legacy Methods?
Can Mobile Wallet Bill Pay Dethrone Legacy Methods?
June 16, 2023  |  Mobile Wallets

Mobile wallets are a popular way to pay bills. As of Q1 2023, 60% of consumers had used a mobile wallet to pay bills in...

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Most Consumers Now Only Carry Cash Out of Habit
Most Consumers Now Only Carry Cash Out of Habit
June 07, 2023  |  Consumer Payments

Inflation may be on a downward trajectory, but consumers do not think so, as perception affects their spending behaviors, prompting them to rethink how they...

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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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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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Walmart Hints at Early FedNow Adoption While Amazon Is Mum So Far
Walmart Hints at Early FedNow Adoption While Amazon Is Mum So Far
May 12, 2023  |  Retail

So far, Walmart has been more publicly outspoken than Amazon about adopting the Federal Reserve’s forthcoming FedNow instant payment platform. However, the eCommerce giant is...

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Consumers, Billers Demand End of Fragmented Bill Payment Experience
Consumers, Billers Demand End of Fragmented Bill Payment Experience
May 10, 2023  |  Platform Payments

Consumers — especially young and affluent consumers — want a single, inclusive, convenient place to see and pay their bills. Holistic bill pay platforms could...

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Netspend Sold Back to Founders at Rêv for $1 Billion
Netspend Sold Back to Founders at Rêv for $1 Billion
May 01, 2023  |  Acquisitions

Payments company Rêv Worldwide, in partnership with Searchlight Capital Partners, has completed its $1 billion purchase of Netspend from Global Payments. The all-cash transaction, announced...

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