Credit Union Service Organization, Debit Network and Transactions

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Deep Dive: Measuring COVID-19’s Impact On Consumers’ Payment Preferences

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. The volume of grocery purchases made over PULSE’s debit network was 25 percent higher than usual during March 17 to March 24, for example.

Consumer

Consumer Debit Card Credit Cards Credit Union Service Organization

Payments Space

Deep Dive: Measuring COVID-19’s Impact On Consumers’ Payment Preferences

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