Consumers Prefer Credit Over Debit for These Types of Purchases:
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Tag: Consumer Spending
Stay updated on consumer spending trends impacting payments and banking. PaymentsJournal offers expert analysis and insights into the factors driving financial behaviors and market dynamics.
Blackhawk Network Survey Finds Digital Payments Boost Shopper Spending at Merchants
Digital payments are the new muscle memory. While many consumers still automatically reach for their plastic to shop and pay, ...
Excessive Online Credit Card Rejections During Pandemic Mean Frustration for Consumers, Missed Sales for Retailers
ATLANTA, April 8, 2021 – As more shopping moves online during the pandemic, consumers are likely seeing their credit cards ...
Will Financial Institutions Raise Fees in 2021?
The financial turmoil brought on by the pandemic sees no end, specifically in regards to bank and credit card fees. ...
BNPL: Struggling to Pay with Limited Regulatory Protection
The question of the day is, “Will BNPL begin to fizzle without regulatory guardrails, and will Merchants and consumers ultimately ...
Go Debit, Go: Mastercard and Visa Combined Volumes Exceed $3 Trillion in 2020
Mastercard and Visa both reported earnings for the fourth quarter yesterday. Consumer spending was uncharacteristically not very robust in fourth quarter ...
2020 Holiday eGift Sales Up More Than 80% over 2019 as Retailers Look to Build on Momentum of Digital Growth in 2021
Data from Blackhawk Network’s BrandedPay™ Post-Holiday Report analyzes 2020 holiday spending and trends shaping the industry in 2021 PLEASANTON, Calif. ...
Afterpay Sees Buy Now-Pay Later Holiday Sales Jump
Online merchants found some joy in the recent holiday shopping season. Afterpay reports that U.S. 2020 Q4 transaction size was ...
Cautious Optimism for the U.S. Economy?
Amidst all of the doom and gloom predictions that the COVID-19 pandemic has brought us there is a glimmer of ...
The SPENDemic: Holiday Shopping During COVID-19
COVID-19 has changed everything about the way we live, and this trend doesn’t seem to be pausing for the holidays. ...
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