Remove Credit Union Service Organization Remove Point-of-Sale (POS) Remove Transactions
article thumbnail

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

PYMNTS

Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods. The COVID-19 pandemic is shaking up shopping behavior. Around The Next-Gen Debit World.

article thumbnail

Anticipating The Consumer Spending Rebound

PYMNTS

In an interview with Karen Webster, Chuck Fagan, president and CEO of PSCU , a credit union service organization (CUSO), said that the impact to consumer spending will be prolonged, but the recovery will be swift and sharp — depending on where you look. Overall credit card spend was down 29.9

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

For Credit Unions, An Innovation Mantra: ‘Easy Is The New Loyalty’

PYMNTS

That increased consumer adoption of digital payments will come as merchants continue to turn on their near-field communication (NFC) functionality and point of sale (POS) machines, which can accept those payments.

article thumbnail

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

PYMNTS

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. Consumers are also rethinking whether they should be paying for goods with cash, credit cards or debit cards. Credit cards now claim 82.1