The May 2020 edition of Next-Gen Debit Tracker®, a PULSE collaboration with PYMNTS.com, explores how the COVID-19 pandemic has overturned consumers’ daily lives, including what they buy and how they pay.
This issue notes that it’s only natural for consumers and merchants to reconsider how they can keep the process of settling up as safe and healthy as possible. “Some players in the space believe that contactless payment cards can be a relatively safe solution for in-person shopping, and governments around the world have made moves to encourage their uptake,” the Tracker states.
The Tracker also examines consumer spending trends, seeking to understand where consumers are directing their dollars during the pandemic and how they are choosing to pay.
Another highlight is the sidebar featuring Jennifer Schroeder, Executive Vice President of Product Management at PULSE, who answers the question, "How are debit payments changing as a result of COVID 19?"