Card Spending Skyrockets 47% YOY 8% CAGR
Card spending went totally bananas as Americans tapped and swiped their way out of the global pandemic. Fueled by record temporary personal savings and U.S. stimuli cash, U.S. credit card spending in the April 1 to June 30, 2021 period exploded like no other time in history. Credit card gross dollar volume (GDV) recovered at…
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