Consumer Credit Union Service Organization Debit Card 
PYMNTS
DECEMBER 21, 2020
A new survey has revealed the steep plummet the consumer credit market took as the pandemic began, the Federal Reserve Bank of New York reported. 21) from its latest Survey of Consumer Expectations (SCE) Credit Access Survey , which showed most credit applications and acceptance rates falling sharply after February this year.
PYMNTS
MAY 18, 2020
Credit union service organization (CUSO) PSCU compared the 19 th week of 2020, which concluded on May 10, to the same timeframe in 2019 to discover the impact of the pandemic on consumer spending and shopping trends. The average debit card purchase amount rose 19.9 percent year over year.
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PYMNTS
MARCH 30, 2020
Amid the coronavirus pandemic, PSCU compared transactions of its owner credit union members on a same-store basis between March 2019 and March 2020. percent year over year, with debit card incremental spend coming out ahead of credit cards by 3.5 The consumer goods space notched an overall increase of 9.2
PYMNTS
APRIL 21, 2020
The coronavirus pandemic winds on, and while it seems like it’s been forever, when — and not if — we emerge from all this, consumer spending will be altered. Overall credit card spend was down 29.9 percent and debit card spend was off 18.1 In other cases, said Fagan, CUs have increased credit lines.
PYMNTS
APRIL 13, 2020
As the coronavirus pandemic continues to disrupt personal finances, a study by credit union service organization (CUSO) PSCU shows that overall credit card spending is down 29 percent for the week ending April 5, compared to the same period in 2019. Debit card spending is down 12 percent for the same period.
PYMNTS
APRIL 27, 2020
Credit union service organization (CUSO) PSCU compared the week ending April 19, 2020, to the same time frame in 2019 to discover what impact the coronavirus is having on consumer spending and shopping trends. People spent more money on consumer goods, with a 20 percent increase in debit card transactions.
PYMNTS
JUNE 3, 2020
The COVID-19 pandemic and safety measures taken to slow the virus’s spread have overturned consumers’ daily lives, including what they are buying and which payment methods they are using to transact. These changes have presented consumers with new economic conditions and created different purchasing priorities. Grocery Spending Climbs.
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