Remove 2019 Remove Consumer Remove On-Demand
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Deep Dive: Adapting Worker Payments To The On-Demand Era

PYMNTS

Consumers have come to expect on-demand service when they watch movies, make online purchases or hail rides, for example, but this practice contrasts with how most employees are paid. Various compensation alternatives have recently emerged that are more aligned with workers’ on-demand expectations. as W-2 employees.

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Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving

PYMNTS

Both businesses and consumers are still attempting to deal with the financial hardships brought on by the ongoing pandemic. In the United States, 8 million consumers have fallen below the poverty line since May, for example, movement that severely reduces the access these consumers may have to financial tools. In the U.S.,

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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

PYMNTS research on consumer shopping habits showed that 24 percent of all consumers say they have taken at least one of their routine shopping activities online and do not plan to revert to shopping in stores for this activity, even after the pandemic is over. More consumers are going online to shop and pay as the pandemic progresses.

Economy 118
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US Consumers Pay Down $10B In Credit Card Debt In Q3

PYMNTS

According to the Fed’s latest quarterly report on household debt and credit, overall consumer debt hit $14.35 Credit inquiries over the past six months — a sign of credit demand — was down slightly to 122 million. August was the six month in a row that saw a drop in consumer credit card balances, the lowest level since 2017.

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Consumers Embrace Debit Amid Ongoing Uncertainty

PYMNTS

When the chips are down, consumers love and trust their debit cards. consumers, regardless of whether they are shopping online or in stores, according to recent reports,” notes PYMNTS October Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company. “One Debit cards remain the payment method of choice among U.S.

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US Restaurants Face Tough 2019

PYMNTS

restaurant chains dealt with slow-growing sales and lower demand among consumers during 2018 — and more pain is expected in the New Year. restaurants are expected to face more pain in 2019 such as rising food and labor costs that will hurt profits and hamper plans to spend to grow. Because consumers in the U.S.

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Freight Spot Rates, Volumes On Upswing Amid Retail Demand – But Will It Last?

PYMNTS

That’s because consumer demand is picking up, but retail inventories are relatively low. To that end, as reported in Commercial Carrier Journal, with reporting from online sessions held by FTR, freight demand is strong now – but there’s still uncertainty ahead. percent higher than August 2019.