About six in ten consumer payments are now made with debit, credit, or prepaid cards. Debit cards are used the most, followed by credit cards then by cash.
August 2, 2021Private label cards are helping customers make large purchases that they otherwise might not be able to pay for all at once, such as appliances, home entertainment systems, or Christmas gifts for a household.
November 5, 2019Airlines remain a co-branded credit card lynchpin, contributing $379 billion to some $990 billion in total 2018 U.S. co-branded card purchase value.
September 16, 2019Packaged 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, 2019Industry watchers have debated the viability of the Costco Visa credit card program since Citi announced acquiring it, but the move could prove profitable sooner rather than later.
December 4, 2017Prepaid cards are an ideal vehicle to provide Millennials with a low-cost, mobile- and tech-forward payment instrument for everyday use—a strategy not lost on market participants seeking to broaden their user base.
September 30, 2016For 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, 2015