debit cards

42% of Low-Income, Younger Consumers Use Debit Cards When Grocery Shopping
42% of Low-Income, Younger Consumers Use Debit Cards When Grocery Shopping
May 31, 2024  |  Consumer Payments

A wide variety of consumers across income levels and ages are showing a preference for paying for purchases with cash and debit cards, likely in...

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Debit Fee Cap Proposal Comment Period Floods Fed Website
Debit Fee Cap Proposal Comment Period Floods Fed Website
May 23, 2024  |  Bank Regulation

The Federal Reserve’s proposal to lower debit interchange fee caps has drawn a flurry of responses — roughly 2,500 responses, in fact — from trade...

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34% of Consumers Haven’t Heard of Card-Linked Offers
34% of Consumers Haven’t Heard of Card-Linked Offers
May 13, 2024  |  Credit Cards

Card-linked offers — promotions intended to entice consumers to use their credit and debit cards — are incredibly popular with consumers. That is, once they...

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Banks Urge Fed to Withdraw Rule Lowering Cap on Debit Interchange Fees
Banks Urge Fed to Withdraw Rule Lowering Cap on Debit Interchange Fees
May 10, 2024  |  Bank Regulation

Beyond the Consumer Financial Protection Bureau (CFPB)’s new rule that would cap credit card late fees, banks are girding for the impact of the Federal...

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EarnUp Unveils Text-to-Pay for Mortgage Payments
EarnUp Unveils Text-to-Pay for Mortgage Payments
May 09, 2024  |  Payment Methods

FinTech-as-a-Service firm EarnUp is enhancing its platform to expand mortgage payment methods. Lenders and servicers using EarnUp’s platform can now enable borrowers to pay via text using...

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44% of Consumers Need Multiple Prompts for Card-Linked Offers
44% of Consumers Need Multiple Prompts for Card-Linked Offers
April 26, 2024  |  Consumer Insights

Card-linked offers — those special promotions designed to encourage consumers to use their credit and debit cards at specific locations or for specific items —...

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58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
April 23, 2024  |  eCommerce

Few things must be as frustrating to an eCommerce merchant as cart abandonment. But, as PYMNTS Intelligence found in compiling its “How Preferred Payment Availability...

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Convenience Drives Non-Cash Users to Pay With Card
Convenience Drives Non-Cash Users to Pay With Card
April 19, 2024  |  Payment Methods

For consumers no longer carrying wallets full of cash, ease and convenience are top of mind, PYMNTS Intelligence reveals. By the Numbers The June 2023...

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Marqeta and Rain Team to Offer Earned Wage Access Debit Cards
Marqeta and Rain Team to Offer Earned Wage Access Debit Cards
April 18, 2024  |  Consumer Finance

Marqeta is expanding its earned wage access program with assistance from financial wellness provider Rain. The card-issuing platform announced its collaboration with Rain Thursday (April 18), with...

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