Because of COVID-19, Consumers Could Shift $100B in Spending From Credit Cards to Debit Cards to Prevent Falling into Debt

The coronavirus has changed our daily lives in many ways, especially when it comes to spending money. An executive at Visa told Business Insider that consumers are most likely to shift their spending from credit cards to debit cards to the tune of billions of dollars.

Because of COVID-19, Consumers Could Shift $100B in Spending From Credit Cards to Debit Cards to Prevent Falling into Debt

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Because of COVID-19, Consumers Could Shift $100B in Spending From Credit Cards to Debit Cards to Prevent Falling into Debt

Description

Related Videos

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Japanese consumers still not spending enough

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Surge in consumers spending big on last minute gifts

Environmental worries have consumers spending less on meat and bottled drinks

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