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Search Results for: consumers

20% of Consumers Plan To Use a BNPL Plan And Other Digital Transactions News briefs from 11/18/22

Twenty percent of consumers plan to use a buy now, pay later plan during the holiday shopping season, according to an October survey of more than 1,000 consumers by the Electronic Transactions Association and The Strawhecker Group. An additional 20% were “on the fence” about using BNPL. In related news, Vagaro, a …

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As Consumers Return to In-Store Shopping, Fraudsters Follow

It’s a fact of the payments world that fraudsters are adept at watching and following consumer behavior to maintain their criminal revenue flow. Just as consumers have returned to shopping in stores, criminals have returned to the point-of-sale, albeit without neglecting their online activities. That’s the summation from Visa Inc., …

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As Consumers Boost Mobile Shopping, Square Messages Gets Some Key Enhancements

As consumers rely more and more on their mobile phones and other digital platforms, Square unveiled on Wednesday several new enhancements to Square Messages, its artificial-intelligence-based digital-communications platform. Square is the payment-processing unit of San Francisco-based Block Inc. Square Messages allows merchants and consumers to communicate through a single platform …

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Looking to Upgrade Their Skills, Consumers Take BNPL to School

As consumers look to improve their education and gain new skills, many are turning to buy now, pay later services to finance these efforts. On Wednesday, the Atlanta-based BNPL provider Splitit USA Inc. said its merchant sales volume in digital education and professional development ballooned 350% from 2019 to 2022. …

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As Consumers Embrace BNPL, Square Brings It to the U.K. Across All Platforms

Square announced early Tuesday its first integration in the United Kingdom of Clearpay, a buy now, pay later service known as Afterpay outside the U.K. and Europe. Square, the point-of-sale payments unit of San Francisco-based Block Inc., said the latest move is also its first major integration of BNPL in …

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Fraudsters Favor Content Scams to Bilk Consumers Out of Crypto And Other Assets

The confluence of the explosion in digital transactions the past two years, hyper-inflation, and pent-up consumer demand has created a perfect storm that is allowing fraudsters to lure consumers into online traps that result in financial losses. A recent report from Sift Science Inc. reveals that such scams account for …

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Beyond Routine: Research Indicates Digital Payments Are Now ‘Second Nature’ for Consumers

Payments players have suspected for the past two years that digital payments were becoming increasingly routine, but now research is indicating they may have become “second nature.” That’s the term Marqeta Inc., the card-issuing platform, used Thursday in announcing the results included in its latest research paper, entitled “2022 State …

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Digital Transactions