Omni Orlando Resort at ChampionsGate
1500 Masters Blvd
ChampionsGate, Florida 33896
Disney World Tickets
Thursday, May 10, 2012
CONSUMER PAYMENT AND LENDING PREFERENCES: INSIGHTS FROM NEW PROPRIETARY RESEARCH
In the aftermath of Durbin, there is renewed focus by large banks on moving customers away from debit and incenting them towards using credit cards, or reloadable prepaid cards, as their preferred payment mechanism. Are consumers responding? To what degree does this interrupt consumer deleveraging, if at all? How will this impact the economics of the card business?
Join Oliver Wyman as they share insights from their recently completed Survey of Consumer Finances (2012). This study draws from a large, nationally representative consumer panel with a strong focus on card-based payment behavior.