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COVID Credit Crunch: 59% of UK Consumers Have Used Credit Cards ‘To Make Ends Meet’ During Pandemic

COVID Credit Crunch: 59% of UK Consumers Have Used Credit Cards ‘To Make Ends Meet' During Pandemic

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LONDON–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, has today released a new report highlighting how the economic stress of the pandemic has increased the popularity of credit cards and flexible payment options – such as Buy Now Pay Later (BNPL). The survey of 1,000 UK consumers showed that nearly 3-in-5 (59%) respondents have relied on credit to make ends meet during the pandemic. Yet it also suggests that credit cards could soon be usurped by BNPL as the co

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