Pymnts.com took a “deep dive” in a feature last month on “How Consumers’ Perspectives On Payment Tools And Financial Wellness Are Shifting During The Pandemic.”
Among the key takeaways? The fact that the pandemic has “upended many consumers’ financial lives and typical purchasing behaviors, leading them to reconsider their go-to payment tools.” The website notes that this represents a real opportunity for companies that wish to gain new customers, especially since “consumers across the board may be paying closer attention to their purchasing and payments choices during this period of heightened economic uncertainty.”
New research conducted by the website suggests that consumers are increasingly looking beyond credit cards for purchases, whether using their debt cards or other payment options. “Even financially stable shoppers want to ensure they are getting the best deals possible and not paying unnecessary interest or fees,” they write.
This article was written by and originally published on PYMNTS.