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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

Video Credit: Veuer - Duration: 01:00s - Published
Because of COVID-19, Consumers Could Shift $100B in Spending From Credit Cards to Debit Cards to Prevent Falling into Debt

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.


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