- Mastercard have updated spending data for the week ending May 7th.
- Pictured are cross-border volumes.
- Card not-present (i.e. physically) non-travel continues to grow strongly.
- Card present growth has bottomed and seeing a bit of improvement due to intra-Europe travel.
- Looking within borders. US Switched volumes are now -6% YoY from mid -20%s in April.
- Rest of world also seeing a bit of improvement from -33% at worst point to -19% now.