[WalletHub] Best Credit Cards for Purchase Protection

By , WalletHub Senior Researcher

Apostolos Ampountolas, Assistant Professor of Hospitality Finance and Chair of Graduate Programs at Boston University’s School of Hospitality Administration, provides a comprehensive analysis of purchase protection and its role in fostering trust and loyalty within the retail ecosystem. Drawing on his expertise in finance and consumer behavior, Dr. Ampountolas explores how these plans benefit retailers, influence consumer habits, and drive value across stakeholders, from credit card companies to end users.

Understanding Purchase Protection: A Multi-Stakeholder Perspective
Purchase protection plans are more than a consumer safety net; they represent a strategic tool for retailers to enhance customer satisfaction and loyalty. This article delves into the dynamics of purchase protection, evaluating its impact on consumer spending habits and its role in fostering competitive advantages for retailers. By examining the interplay of trust, transparency, and economic benefits, we uncover how purchase protection shapes the broader retail and financial ecosystem.

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