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Fed Bets Trillions In SMB Lending That Consumers Will Return

PYMNTS

Direct payments to consumers can help. Prodding consumers to spend, to get to that state of robust economic recovery eyed by the Fed (via chairman in his remarks Thursday) may be a tougher road. The New York Fed, after all, said this week that a March survey of consumers found increasing worries over job losses and debt.

Fed 135
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Why Smart Retailers Wish Their Customers Many Happy Returns

PYMNTS

But as anyone that has tried to catch up with the suddenly online consumer will attest, what goes out must sometimes come back. The issue at hand is returns. As digital revenue goes up, so do the costs of shipping and returns. But returns can be managed, and Narvar aims to help. The first was from retail clients.

Returns 89
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Inside The Mind Of The Digital-First Consumer

PYMNTS

The consumers who shopped for anything from groceries to sporting goods to cars in December of 2019 are completely different from the ones who shop today. Office shifters plan to use digital shopping options more than other consumers after the pandemic has passed,” the report noted. How She Thinks About Vaccines.

Consumer 144
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NEW DATA: States Push To Reopen – Will Consumer Demand Follow?

PYMNTS

It has been almost two months since the World Health Organization (WHO) first declared the coronavirus a pandemic on March 11, and it has since taken an unprecedented toll on consumers’ wellbeing and livelihoods. Among consumers who are still employed, 31.5 Our research shows that 43.6 We also see 45.8

Consumer 100
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Higher Prices Have Impacted Online Shopping for Majority of US Consumers, New Forter Study Finds

Fintech Finance

Forter , the Trust Platform for digital commerce, released findings from a national consumer study that found the majority of respondents (61%) have shifted their online shopping habits as a result of higher prices, signalling a need for brands to evolve with their customers. Of those using BNPL, 56% are doing so to help manage their costs.

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Limited Payment Choices Drive Away One-Third of Hotel Guests, Shows Adyen Research

Fintech Finance

New research published today by Adyen , the global financial technology platform of choice for leading businesses, has uncovered the importance of a frictionless payment experience for hotel customers, with over a third (37%) of consumers admitting to have left the booking process because they haven’t been able to pay the way they would like.

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Florida Retail Reopening Fails To Draw Consumers

PYMNTS

Florida granted permission for stores to reopen Monday (May 4), the first phase of a return from the coronavirus lockdown. The lack of consumer interest comes as no surprise to many observers and is reinforced by the latest edition of the PYMNTS COVID-19 tracker. Sparse foot traffic began to pick up a bit as the noon hour approached.”.