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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

PYMNTS

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. PYMNTS’ Retail Product Insurance Study found just such growing interest in extended warranties among some 2,700 online shoppers surveyed.

Online 334
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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. consumers to take their exercise routines indoors. Approximately 51.6

Exercises 165
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Connected Consumers Are Ready To Buy — Given The Right Context

PYMNTS

And they want opportunities to discover and buy products in specific online contexts. Online and mobile shoppers may have a seemingly endless shopping mall at their fingertips, but that doesn’t mean it’s always easy to buy. Consumers want smooth connections, not transactional friction. Source: Checkout Conversion Index.

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‘Buy Now, Pay Later’ Combats COVID-19 With Payment Options

PYMNTS

We pay a price for not exercising, but conversely, gyms and online classes aren’t free of charge. Originally designed for consumer products, BNPL terms are expanding to all manner of things, including home exercise. percent of the population exercising for 30 minutes a day at least three times a week. Don’t Sweat It.

Exercises 173
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Deep Dive: Subscriptions To Make Digital Fitness Less Of A Workout

PYMNTS

Millennials, in particular, have embraced the digital fitness trend, using sports and health apps more than other age groups. Fifty-four percent of all millennials are likely to buy a body-scanning device, while 46 percent want access to quantifiable data about their health activities. Fitness Apps And The Subscription Model.

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Inside The Mind Of The Digital-First Consumer

PYMNTS

For the purposes of this exercise, we’re going to describe the “typical” grocery shopper – a bridge millennial, a 36-year-old mom of 1.93 And they’re also “the most likely to say they will keep shopping online once daily life returns to normal.”. How She Thinks About Vaccines. How She Thinks About The Shopping Venue.

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Sapphire Reserve’s Super-Sized Rewards Are Getting Scaled Back

PYMNTS

For those who specialize in “points hacking” — a completely legal exercise in trying to maximally combine card program rewards points and programs — the Sapphire Reserve Card and its 100,000 points bonus was almost too good to be true.