Consumers Are Slow to Adopt Mobile Wallets for Store Payments
by PYMNTS.com
PYMNTS.com— Consumers are using mobile wallets more, but it is taking a while for them to grow accustomed to utilizing the technology to pay in stores, PYMNTS Intelligence reveals. By the Numbers The PYMNTS Intelligence report last year, “The Mobile Wallet Challenge: Replacing Physical With Digital,” created in collaboration with ACI Worldwide, drew from a census-balanced survey […]
Honolulu Star-Advertiser—Same-store sales at Starbucks drop as consumers slow purchases. Throughout the COVID-19 pandemic, various supply chain issues and high inflation, Starbucks could still count on its consumers to buy their iced oat milk lattes. But that economic certainty may be in doubt after the coffee giant reported weaker-than-expected revenue and earnings in the latest quarter.
Mobile World Live—Charter mobile subscriber growth slows in Q1. US cable operator Charter Communications added 486,000 mobile lines in Q1 which represented a 2.9 per cent drop from the number acquired a year ago.
PYMNTS.com—Pinterest: Consumers Will Adopt Social Commerce If It’s Easy. As consumers seek more frictionless eCommerce experiences, Pinterest is seeing user demand for shoppable features, as long as the purchasing journey is simple and intuitive. The social media company shared Tuesday (April 30) in its first quarter fiscal 2024 earnings report that revenue was up 23% year over year in the period, attributing this increase to, […]