Debit Dominates as Low-Income Consumers Guard Cash Flow
For merchants selling to low-wage consumers, the competition isn’t simply over who offers the lowest price. It’s over whether the purchase can clear a tight household budget in the first place. The PYMNTS Intelligence report “The Labor Economy Follows a Different Consumer Playbook,” found in July that 37% of Labor Econ
For merchants selling to low-wage consumers, the competition isn’t simply over who offers the lowest price. It’s over whether the purchase can clear a tight household budget in the first place. The PYMNTS Intelligence report “The Labor Economy Follows a Different Consumer Playbook,” found in July that 37% of Labor Econ
This story was curated by Paysonas from PYMNTS.com as part of our daily payment-industry briefing. Read the original article for full details.