Deep Dive: Why Contactless Payment Innovation Is Key For CUs Amid The Pandemic And Beyond
PYMNTS
JANUARY 28, 2021
PSCU reported that the hike in mobile wallet credit purchases among its CUs’ members was nearly 48 percent by August 2020, while mobile wallet debit purchases climbed 22 percent during the same period. The use of Apple Pay, Google Pay and other digital wallets has also been on the upswing since the start of the pandemic.
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