National Bureau of Economic Research: How did U.S. consumers use their stimulus payments?

{“note”:{“questionId”:”75bef905-10e1-4759-948f-2df813f72922″,”excludeFromTrivia”:false,”createdDate”:”2020-10-08T20:13:08.707+0000″,”lastUpdated”:”2020-10-09T14:05:37.603+0000″,”questionTitle”:”National Bureau of Economic Research: How did U.S. consumers use their stimulus payments?”,”multipleSelectionAmount”:0,”noteType”:”SINGLE”,”noteOptions”:[{“optionId”:”73e7bb9b-9d37-4959-afa7-2a2c44606bc4″,”hasComment”:false,”element”:{“id”:”7dfe3346-68c8-4667-8a6b-05549bdb55d2″,”type”:”HTML_TEXT”,”src”:”<p>A working paper by the National Bureau of Economic Research found that only 15 percent of people who received the stimulus check had spent or planned to spend most of the payment.<br/><br/><a href=”” target=””>Read the full story here.</a><br/></p>”}},{“optionId”:”3a4418a1-988a-4ec6-8060-5b649de271b5″,”hasComment”:false,”element”:{“type”:”PDF”,”src”:”n […]

Financial Cards and Payments Market Analysis & Forecast For Next 5 Years

Edison, NJ — (SBWIRE) — 10/07/2020 — COVID-19 Outbreak-Global Financial Cards and Payments Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study […]

Rise in Consumer Use of Credit Cards, Digital Payments, and Mobile Banking Will Linger Post-Pandemic, predicts Packaged Facts

ROCKVILLE, Md., Oct. 7, 2020 /PRNewswire/ — The COVID-19 pandemic is significantly influencing national purchasing habits, pushing a higher share of purchases onto the internet and away from the physical point-of-sale, reports market research firm Packaged Facts in the recent industry study Digital Consumer Payment Trends in the U.S.   In […]

SBI-HUL join hands to transform retailer payments digitally; State Bank of India offers Rs 50,000 overdraft facility to retailers

© Provided by Zee Business SBI-HUL Partnership: State Bank of India (SBI) and Hindustan Unilever Limited (HUL) have come together to cater to the needs of small retailers by providing them digital payment and financing solutions. This partnership will help digitally empower HUL retailers and distributors through SBI’s customized solutions. […]

Middle East and North Africa Digital Payments Market Latest Advancements, Trends and Huge Business Opportunities 2020 to 2025

The MarketWatch News Department was not involved in the creation of this content. Sep 29, 2020 (Market Insight Reports) — The Middle East and North Africa Digital Payments Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants […]

Many countries took different paths to digital payments during the coronavirus pandemic

COVID-19 has accelerated changes in payments behavior that would otherwise have taken years to occur, laying the foundation for global expansion post-pandemic. But for different parts of the world, this digital transformation had very different outcomes. As consumers went into lockdown, payment companies mobilized to meet the explosion in demand […]

UAE’s Ministry of Finance Partners with Local Banks to Offer Digital and Contactless Payments for Settling Government Service Fees

The UAE’s Ministry of Finance will be working with the First Abu Dhabi Bank (FAB) in order to launch electronic or digital Dirham contactless payments cards for settling governmental service charges. The eDirham has been set up as a system of digital channels that are capable of collecting local service […]

Reserve Bank of India Is Reportedly Planning to use Infosys Co-Founder Nandan Nilekani’s Formula to Measure Effectiveness of Digital Payments

The Reserve Bank of India (RBI) is reportedly planning to use the Nandan Nilekani (Infosys co-founder) formula in order to measure the effectiveness of digital payments. Indian prime minister Narendra Modi’s administration has introduced the Digital India initiative which aims to determine the extent of digital penetration in the country. […]