This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
07/22/2022
As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
PYMNTS.com
Inflation continues to rear its ugly head, but PYMNTS’ data finds that some aspects of consumer spending — such as the share of consumers in the United States spending on travel and average retail product spend — are bouncing back. Also rebounding are payment troubles, such as payment declines and payment fraud, which can cause outsized harm to consumers.
“Digital Economy Payments: The Pitfalls Of Payment Diversification” is based on a survey of 2,789 consumers, exploring their payment preferences and evolving shopping behaviors. This report also analyzes current trends in the financial, payments and FinTech landscapes — and where these trends are headed next.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information