In recent months, retail giants Walmart and Amazon have leveraged consumer demand for digital restaurant ordering to encourage use of their paid memberships by offering restaurant perks as an incentive for subscription. Walmart recently announced a deal with Burger King, its first Walmart+ partnership, that offers members of its paid retail subscription 25% off their […]
In today’s business environment, effective payment methods are crucial. Outdated payment systems can lead to liquidity problems. Digital payments provide optimized processing, improved operational efficiency and an enhanced customer experience. The PYMNTS Intelligence Report “Get paid: Digital payments to improve cash flow and customer experience” examined how digital payments are changing accounts receivable (AR) and […]
According to Zip, U.S. retail customers are increasingly using buy now, pay later (BNPL) options for in-store transactions. In a conference call with analysts on Monday (26 August) to discuss the Australian FinTech company’s financial results for the fourth quarter of fiscal 2024, CEO Cynthia Scott spoke about this change. “Our Americas business had a […]
As promotional events like Amazon Prime Days and Walmart+ Week intensify the rivalry between Walmart and Amazon, clear consumer trends have emerged. A recent PYMNTS Information Report titled “First Look: Walmart+ Week Draws High-Income Shoppers Looking for Deals” shows that high-income participants were 2.3 times more likely to purchase travel services and 1.5 times more […]
As retailers compete for consumer favor, the coexistence of Amazon Prime day And Walmart+ Week highlights the evolving landscape of buyer loyalty. A recent PYMNTS Intelligence Report, “New data: Shoppers love Amazon Prime Day – but spend more during Walmart+ Week“” looks at how these two major sales events compare in terms of attendance and […]
As the new school year approaches and parents shell out hundreds of dollars, retail giants Amazon and Walmart are vying to be shoppers’ first stop for their school-related needs. John Furner, president and CEO of Walmart’s U.S. business, spoke about the company’s back-to-school initiative and the early successes of that effort during Walmart’s earnings call […]
As summer sales events like Amazon Prime Day and Walmart+ Week capture consumers’ attention each year, a recent PYMNTS Intelligence report examines key insights into shopper behavior and sales trends. The report, “Shoppers flocked to Amazon Prime Day and Walmart+ Week for more than just discounts,” examines how consumers used these promotions, what they bought, […]
If there was one catchphrase that was mentioned in the results comments and presentations in recent weeks, it was this: Normalization. Credit card companies And Banks and even some retailers have given the indication that the peaks of the pandemic and the after the pandemic The era of mass prostitution – mainly in the form […]
As consumers bear the burden of inflation, PYMNTS Intelligence shows that nearly all people living paycheck to paycheck are making trade-offs when it comes to Restaurant expenses. In numbers The latest episode of the PYMNTS Intelligence series “New Reality Check: The Paycheck-to-Paycheck Report,” the “How consumer inflation perceptions are forcing many to switch to cheaper […]
Real-time paymentsknown for their speed and immediacy, face implementation hurdles, primarily due to security concerns. Financial institutions (FIs) and Payment providers Find the balance between fast transaction processing and strict security measures, artificial intelligence (AI) proves to be a crucial tool in overcoming these obstacles. A recent PYMNTS Intelligence Report, “Immediate impact: The role of […]
