Next-Gen Debit Tracker® - November 2020

The Next-Gen Debit Tracker®, a PYMNTS and PULSE collaboration, examines how virtual cards can keep business and consumer transactions safe.

Inside the November Tracker
  • An interview with Kelley Knutson, president of prepaid debit card solutions provider Netspend, on how virtual cards can ease consumers’ fears about securely sharing their debit information with merchants and the ways that providers can thoroughly and conveniently vet virtual card applicants
  • The latest next-gen debit developments, including how digital gift card purchases rose 61 percent year over year in the first half of 2020 and how 38.4 percent of drugstore debit transactions are now contactless
  • An in-depth examination of how virtual card use is expected to reach $5 trillion in transaction value by 2025 and an analysis of the security features that are encouraging virtual cards’ growth

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