Paying at the pump. (Source: Shutterstock)
Consumers continued their gradual increase in spending on credit and debit cards during the week ending Sept. 20, but less of their money is going into their gas tanks, according to a PSCU report released Monday.
The St. Petersburg, Fla.-based payments CUSO's Transaction Trends Update showed debit card spending was 16.8% greater in Week 38 than in the week ending Sept. 22, 2019. It was also slightly ahead of the four-week average gain of 16.5%. The number of debit transactions rose 1.8% for the week, making it the 12th week in a row of gains.
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