Remove Credit Union Service Organization Remove Debit Transaction Remove Volume
article thumbnail

PSCU Reports Higher Debit, Credit Sales During Holidays

PYMNTS

PSCU , which is known as a premier payments credits union service organization (CUSO), reported significantly higher year-over-year growth than expected during the holidays, with a 7.86 percent increase in debit and credit sales among its owner credit unions (CUs). Debit sales volume grew by 8.76

article thumbnail

PSCU: Debit Card Spend Growth Above Historic Levels

PYMNTS

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.

article thumbnail

How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note

PYMNTS

It also examines how merchants and financial institutions (FIs) are responding and working to enable easy contactless and online purchasing while keeping such card-not-present (CNP) transactions safe. Around The Next-Gen Debit World.