As prognosticators attempt to call the beginning of the next recession, one thing is fairly certain: Affluent and high-net worth families are an intriguing recession bet.
June 13, 2019For more insights from Co-branded and Affinity Credit Cards in the U.S. visit the report product page here. With credit cards offering ever richer rewards tier architectures (is 3-2-1 already passé?), many wonder whether the card industry is trading rewards for lower profit margins. So far, we think this concern is overblown: rewards costs are indeed rising; but as they move toward lower-cost digital channels, card member acquisition and communication expenses are falling. But acquisition m...
November 2, 2015Survey: 3% of respondent Walmart purchasers have used a Walmart tax service in the last 12 months at a Walmart store by: picking up their tax refund in cash, receiving assistance from a tax professional, or getting a tax refund advance at a Walmart location.
April 15, 201940% of U.S. adults purchased a gift card in the past year
May 6, 2019The Gig Economy is getting a spike from federal employees who are financially ambushed by the government shutdown.
January 14, 2019Marketers and retailers have long recognized the exceptional role Hispanic consumers play in their growth strategies. Sheer numbers are one reason. Yet, Hispanics embody far more than just an extraordinarily fast-growing population segment of the American population. They now represent a market with outsize spending power that will only continue to grow in the future.
November 28, 2016Backed by the marketing muscle of Apple as the world’s largest company by market value, the reach of its ecosystem, and the loyalty of many of its customers, the card could make a splash at the deep end of the consumer payment pool, at top-of-digital-wallet and incent more iPhone users to migrate to Apple Pay.
May 16, 2018This blog is based on the Packaged Facts report Private Label Credit Cards in the U.S., 9th Edition. Purchase a copy by Dec. 1 and receive 5% off with promo code PFPLCC1015. The movement to virtual private label cards housed within retailer mobile apps foretells the eventual demise of the physical card: Already, more than 30% of private label card issuer and program manager Alliance Data Systems’ private label card purchase value is made via card-not-present transactions. More broadly, retai...
October 13, 2015China Daily USA published this article based on insights featured in Packaged Facts’ brand-new report, Commercial Payment Cards: U.S. and Global Market Trends, 9th Edition. China UnionPay’s (CUP) ambitious approach to building partnerships has helped it become the largest payment-card network in the world, according to the author of a recent market report. “CUP has aggressively forged partnerships with bank card issuers and processors across the globe, and buoyed by network reciprocity agree...
October 30, 2015Packaged Facts estimates that co-branded credit cards generated $990 billion in purchase value last year. Travel and entertainment brands commanded 55% of spending, 70% of which was attributable to airline-branded credit cards.
August 20, 2019