Consumers are using mobile wallets more, but it is taking a while for them to grow accustomed to utilizing the technology to pay in stores, PYMNTS Intelligence reveals. By the Numbers The PYMNTS Intelligence report last year, “The Mobile…
By Anne Kiprotich Kenya is experiencing an energy revolution, with 9.5 million Kenyans now connected to electricity. A further 5,000 public schools, public institutions, private hospitality establishments and hundreds of homes are also on…
Tired of proverbially picking their way through online resale marketplaces, consumers are looking for more streamlined secondhand shopping experiences that more closely resemble the ease and simplicity of buying new. In an interview with…
Card-linked offers — those special promotions designed to encourage consumers to use their credit and debit cards at specific locations or for specific items — are used by about 2 in 5 cardholders. As PYMNTS Intelligence found in…
The economic surprise in recent years is the resilience of the American consumer: high borrowing costs and lingering inflation are not crimping overall spending.
The usage of individual gadgets worked attempts, evaluations, or programming contraptions to trade exercises and plans without direct human intercession is proposed as robotization or computerization on a trade site. This is a customary…
A group of 14 Republican AGs wrote a letter to the CEO of Webull Financial LLC, inquiring into whether Webull—which is both a U.S. and Chinese company—may have exposed customers’ personal information to the Chinese Communist Party (CCP) in…
Massachusetts Attorney General (AG) Andrea Joy Campbell issued an advisory to provide guidance on how state consumer protection, anti-discrimination, and data security laws apply to artificial intelligence (AI). The advisory emphasizes…
The latest data on personal consumption notes that spending is outpacing the growth in disposable income. And as a result, consumers are dipping into savings to keep their spending apace. The latest personal income expenditures (PCE) price…
Personal income grew 0.5% month-on-month (m/m) in March, an increase relative to February’s 0.3% gain and in line with market expectations. Accounting for inflation and taxes, real personal disposable income rose 0.2% in March, a recovery…
Amidst a chaotic month for Tesla — even by its continuously plunging standards — Facebook co-founder Dustin Moskovitz has made some pretty dire predictions for the automaker, accusing it of commiting "consumer fraud on a massive scale." …
Joy Agwunobi Multichoice Nigeria Limited has triggered a whirlwind of reactions from its customer base with a recent announcement of yet another price hike for its DStv and GOtv services. The Pay-TV company recently reviewed prices in its…