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Mobile Cards Key To Winning Bank Accounts

PYMNTS

Mobile Cards: Make or Break? One way that banks or ambitious social media platforms will win this combat for customers is through the use of mobile credit and debit cards, with a highly configurable nature and full range of card and spend management controls to please the most vacillating of customers.

Mobile 153
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Faster Checkout Might Be The Key To Boosting Retail App Adoption

PYMNTS

In June, Costco launched a revamped digital membership app that allows members to use its mobile device rather than flashing a physical card upon entry and during checkout. With most mobile users storing five or fewer apps, there would appear to be little room for new merchant offerings to enter the market. percent) of millennials, 81.6

Retail 181
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How C-Stores Market To Digitally Savvy Gas App Users

PYMNTS

percent of consumers, this customer base may represent a marketing opportunity for C-stores. According to Thorntons, the ability to provide consumers with a loyalty-focused mobile solution has “changed the game for our marketing efforts.”. While apps are used for gas station payments by only 4.5 You just have to set it up once.”.

Marketing 153
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Installment Payments Push Sports-Equipment Sales Over The Finish Line

PYMNTS

BNPL solutions are the fastest-growing online payment methods in the United States as well as Australia, Brazil, the United Kingdom and more, and their market share is projected to grow at a compound annual growth rate of 28 percent over the next five years. For more on these and other BNPL news items, download this month’s Tracker.

Exercises 165
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Survey: Quarter Of Americans Open To Banking With Big Tech

PYMNTS

consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking. This “better app” would also offer transaction confirmations and alerts, card location controls and the ability to track and redeem rewards. .

Survey 183
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New Data: Banks Could Lose A Quarter Of Their Customers To Tech Giants

PYMNTS

Yet, what if these companies extended their presence into banking by offering accounts that improved the way consumers use and manage their credit cards and debit accounts? This represents roughly $2 trillion in annual credit and debit card volumes. Among Bridge Millennials (between 30 and 40 years old), 41.1 In fact, 24.3

Cards 146
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Is The Recreation Market Ready For A Payments Makeover?

PYMNTS

Fortunately, it appears the recreational market is getting some much-needed innovation to help organizations and associations process payments and participant registration. By some accounts, the recreational activity market is valued at over $250 billion each year. Getting Recreational Programs to Act Like Businesses. In the U.S.,

Marketing 115