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customer wearing a mask while using a contactless card to pay for coffee. Source: Shutterstock.

Credit union members whose credit and debit card transactions are aided by PSCU continued to improve, largely at the expense of cash, according to a PSCU report released Monday.

The St. Petersburg, Fla.-based payments CUSO’s Transaction Trends Update showed spending by debit card in the week ending Oct. 11 (Week 41) was 17% higher than the week ending Oct. 13, 2019, and slightly better than the four-week average gain of 16.4%.

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Jim DuPlessis

A journalist for decades.

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