Mastercard Feeling Debit Card Pressure
by Debt Jerk
Mastercard is feeling some pressure as consumers slow in their purchasing.
Over the past few years there has been a growing trend as more and more US consumers pull out a debit card to purchase goods instead of a credit card. It could be more of an awareness as buyers realize they need to pay with money they already have and not financing the future.
Mastercard may feel the tightening of credit card use but Visa on the other hand is watching their debit card business grow and produce stellar growth.
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