- by David Sprinkle
- July 21 2021
- commercial payment cards
- consumer spending
- private label credit cards
Store-Only Credit Cards: The Past Remains Present
Currently, as reported in our report Private Label Credit Cards, 55% of adults have private-label (store-only) credit cards, with 44% (or 80% of overall consumer credit cardholders) having used them in the last 30 days.
- by Daniel Granderson
- November 5 2019
- co-branded credit cards
- holiday shopping
- private label credit cards
Credit's Due: Increased Consumer Buying Power Necessitates Greater Consumer Responsibility
Private label cards are helping customers make large purchases that they otherwise might not be able to pay for all at once, such as appliances, home entertainment systems, or Christmas gifts for a household.
- by Daniel Granderson
- August 1 2019
- finance
- mobile apps
- mobile payments
- mobile technology
- money
- money and finance
- private label credit cards
Private Label Credit Cards: Retailer-Specific Mobile App Use on the Rise
Retailers and their private label credit card partners continue to refine their retailer-specific mobile apps, which provide a very important customer loyalty and engagement nexus that increasingly includes payment and loan options.
- by Daniel Granderson
- September 30 2016
- affinity credit cards
- banking
- co-branded credit cards
- credit cards
- debit cards
- Millennials
- money and finance
- private label credit cards
- unbanked
- underbanked
Prepaid cards make inroads with Millennials
Prepaid cards are an ideal vehicle to provide Millennials with a low-cost, mobile- and tech-forward payment instrument for everyday use—a strategy not lost on market participants seeking to broaden their user base.
- by dgranderson@marketresearch.com
- October 13 2015
- money and finance
- private label credit cards
- retail
- credit cards
- money
The card fades into the background
This blog is based on the Packaged Facts report Private Label Credit Cards in the U.S., 9th Edition. Purchase a copy by Dec. 1 and receive 5% off with promo code PFPLCC1015.
The movement to virtual private label cards housed within retailer mobile apps foretells the eventual demise of the physical card:
Already, more than 30% of private label card issuer and program manager Alliance Data Systems’ private label card purchase value is made via card-not-present transactions. More broadly, retai...
- by admin1
- August 15 2013
- credit cards
- store cards
- money
- finance
- retail
- private label credit cards
- consumer spending
Carrots for store credit card holders
Once home to consumers with higher risk profiles and higher chargeoff rates, store credit card volume and active accounts took a nosedive during the recession, as issuer portfolios groaned under the strain of bad debt and reduced customer engagement. But signs point to a private label turnaround. Deal-making activity suggests that private label card programs have become a more viable and stable income source for issuers; the payment card segment has been buoyed by a spate of deals that has invig...
