As consumers look to stored credentials to make their payment experiences easier, the majority are actually finding the capability comes with its own pain points. For PYMNTS’ study “Payments And Credentials Vaults: Gauging Consumer Interest,” created in collaboration with FinTech company FIS, we surveyed a...
Historically, businesses have viewed payments vaults as a security and compliance cost of doing business, but with advancements in areas such as tokenization and life-cycle management, vaults can already help merchants save time and money. PYMNTS examines how third-party vault automation can drive new sources...
Credit card vaults are essential to payment card industry (PCI) compliance. Vaults can do more than secure sensitive data to meet regulatory requirements. A recent survey showed that of the nearly 70% of online carts that shoppers abandon, 18% are because they do not trust...
Six in 10 consumers use stored payment credentials for subscription payments and shopping online. Even though some consumers painstakingly enter their payment information every time they submit a payment, there is a clear need for the convenience a payment credentials vault would offer. More than...
July 21, 2023
When it comes to credentials vaults that aggregate payment information and store credentials securely, and updating payment information shared with merchants when consumers change payment methods or account numbers, whom consumers trust is a changeable matter. We analyzed this in the study “Payments and Credentials Vaults: The Trust Factor,” a PYMNTS and FIS collaboration, and found […]
July 14, 2023
As consumers look to stored credentials to make their payment experiences easier, the majority are actually finding the capability comes with its own pain points. For PYMNTS’ study “Payments And...
June 15, 2023
Credit card vaults are essential to payment card industry (PCI) compliance. Vaults can do more than secure sensitive data to meet regulatory requirements. A recent survey showed that of the...
March 28, 2023
Six in 10 consumers use stored payment credentials for subscription payments and shopping online. Even though some consumers painstakingly enter their payment information every time they submit a payment, there...
