Global Purchase Volume Up a Tad After Mid-Year Slaughter
Global purchase volume for payment cards rebounded from a year-on-year 14.2% collapse for the second-quarter to a mere 1% gain in the third-quarter due to impact of pandemic-related consumer payments, including beefed-up unemployment benefits, but hampered by the downward spiral of travel activity. Global purchase volume for payment cards (PDV) in the third-quarter (3Q/20) among…