PSCU: Debit Card Spend Growth Above Historic Levels
PYMNTS
MAY 18, 2020
The average debit card purchase amount rose 19.9 percent year over year, and the volume of overall debit transactions grew for the sixth consecutive week. Spending behaviors have also changed, with credit card-not-present (CNP) transactions comprising 51.3 percent for debit compared to the same week the prior year.
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