Sign Up
Stories
Credit Card Revenue Squeeze
Share
Alphabet Shares Drop Amid OpenAI Competi...
Amazon Mexico Introduces Kueski Pay BNPL
Ant Group's $200 Million Acquisition
APAC Virtual Card Expansion
B2B Finance and Payment Innovations
B2B Payment Industry Transformation
Overview
API
Retailers are seeing a decline in revenue from store credit cards due to factors like a new federal rule limiting late fees, the popularity of BNPL services, and competition from credit cards with added benefits. This trend is affecting revenue, consumer engagement, and brand promotion, prompting retailers to adapt through loyalty program enhancements and transitioning to co-branded cards.
Ask a question
How are BNPL services influencing consumer preferences and spending behaviors in the retail sector?
How might the shift towards co-branded cards impact the overall credit card market?
What implications could the decline in store credit card revenue have on retailers' overall financial performance?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jan 2024
Feb 2024
Mar 2024
Coverage