PSCU Payments Index April 2021: Deep Dive on Travel

Summary: The PSCU Payments Index is a new monthly publication providing financial institutions with timely analysis and insights into consumer payment trends, building upon PSCU’s previous weekly Transaction Insights. Recognizing the ongoing economic shifts due to COVID-19, the Index uniquely benchmarks current consumer spending against both pre-pandemic 2019 data and 2020 figures, highlighting evolving consumer behaviors. Recent findings indicate accelerated growth in debit transactions, driven by stimulus spending, increased adoption of mobile wallets and Card Not Present transactions, and early signs of recovery in travel spending. Interested readers can subscribe to receive monthly updates directly.