PYMNTS Intelligence

Instant Payments Emerge as Balance Sheet Boost for Independent Restaurants
Instant Payments Emerge as Balance Sheet Boost for Independent Restaurants
May 15, 2024  |  Real-Time Payments

Small to mid-sized businesses (SMBs) in the restaurant segment now use instant payments more than other payment methods. PYMNTS Intelligence finds that 74% of businesses...

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12% of Shoppers Would Use Embedded Lending at Favorite Stores if Offered
12% of Shoppers Would Use Embedded Lending at Favorite Stores if Offered
May 14, 2024  |  BNPL

For a sizable share of consumers, embedded lending options such as buy now, pay later (BNPL) would be their first choice of payment method at...

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44% of Millennials Used Non-Bank FIs in 2023, Leading All Generations  
44% of Millennials Used Non-Bank FIs in 2023, Leading All Generations  
May 14, 2024  |  Consumer Finance

In researching PYMNTS Intelligence’s “Meeting the Demand for Instant Ad Hoc Payments,” a collaboration with Ingo Payments, we found the volume of instant, nonrecurring ad hoc...

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75% of Large Banks Agree to Reimburse Victims of Authorized Fraud
75% of Large Banks Agree to Reimburse Victims of Authorized Fraud
May 14, 2024  |  Security & Fraud

The Federal Reserve’s FraudClassifier divides fraud into two categories: authorized fraud and its unauthorized counterpart. Authorized fraud occurs when a legitimate party initiates a payment only to have...

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59% of UK Consumers Still Prefer to Buy Groceries In-Store
59% of UK Consumers Still Prefer to Buy Groceries In-Store
May 13, 2024  |  Retail

Adopting Click-and-Mortar™ shopping allows consumers to leverage the best of both online and in-person features to maximize their buying experience. For instance, a shopper might...

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Small Retailers Struggle to Bounce Back From the Pandemic
Small Retailers Struggle to Bounce Back From the Pandemic
May 13, 2024  |  Retail

As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain...

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Sticky Prices Continue to Pressure Consumers  
Sticky Prices Continue to Pressure Consumers  
May 13, 2024  |  Economy

This week, the latest spate of data from the government on spending trends will be released. Retail sales data will track consumer demand for finished...

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38% of Consumers Earning Over $100K Carry Co-Branded Credit Cards
38% of Consumers Earning Over $100K Carry Co-Branded Credit Cards
May 13, 2024  |  Credit Cards

PYMNTS Intelligence finds that 2.5 times as many consumers possess a general-use credit card than own a co-branded credit or store card.  Yet, because 27%...

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34% of Consumers Haven’t Heard of Card-Linked Offers
34% of Consumers Haven’t Heard of Card-Linked Offers
May 13, 2024  |  Credit Cards

Card-linked offers — promotions intended to entice consumers to use their credit and debit cards — are incredibly popular with consumers. That is, once they...

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