Covid-19’s Impact on the Payments Industry

Behavioral shifts propelled by a concerted effort to flatten the curve have impacted almost every aspect of daily life, including how people pay and receive payments.

From a credit union’s perspective, concerns arise about how the payments industry will recover in the near and longer-term. Download this white paper and keep an active eye on these three primary areas of the payments industry in the coming months: 

• Consumer spending: How has it shifted?
• Increased risks around unemployment and credit losses
• Transition to technology

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