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Consumers Are Embracing Premium Cards β€” Despite High Costs

PYMNTS

Product hysteria is not the sort of thing that normally attaches itself to credit cards β€” but as scores of message boards and YouTube unboxing videos will attest, consumers are having a rather atypical reaction to the Chase Sapphire Reserve Card. It’s the best time in years to shop for a rewards card.”.

Cards 100
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Target Invites Third-Party Sellers To Its Website

PYMNTS

The retailer is inviting specialty and national brands alike to offer items online, CNBC reported. By comparison, the hurdles to become a third-party seller are lower on Amazon and Walmart; on those sites, sellers ask for approval to sell through an application.

Branding 101
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Faster Cash Back, Happier Customers?

PYMNTS

Several major banks and FIs β€” including Bank of America, Discover and Wells Fargo, among others β€” offer cash back rewards on their credit card products to entice customers and encourage brand loyalty. Despite incentives, a new study found debit cards appear to be more popular than credit cards, especially among younger customers.

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Trust And Speed Light A New Path To Omnichannel Retail

PYMNTS

The webinar featured Karen Webster from PYMNTS and Amy Parsons, senior vice president of global acceptance at Discover Financial Services and its payments brand, Discover Global Network. By comparison, 32 percent of Gen Z, 35 percent of millennials and 22 percent of Gen X consumers buy online from the same store. Trust Issues.

Retail 137
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Walmart+ And Amazon Prime Face Off As Consumers Decide Who Gets Their Business

PYMNTS

β€œ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits. Those are the 47 million U.S.

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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

The company integrated GO-PAY into the GO-JEK app, which lets customers store money on their mobile phones, much like a digital debit card. billion – of funds were lost to card fraud in 2018, up from $1.4 Mallzee created a digital mall where consumers can compare many different retail brands. Just under $3 billion – or $2.7

Apple 159
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Are Online Resale Sites Rife With Counterfeits?

PYMNTS

According to the 2018 Global Brand Counterfeiting Report , luxury fashion brands are a favored target. This is revenue drain on brands and has the potential to damage their public image, as well. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Social Media. Solutions.

Online 101