Retail share in online card and debit card spend in total sales in the U.S. 2021
In the months following the global outbreak of the coronavirus (COVID-19) in January 2020, retail oriented online spend of consumers in the United States increased significantly. Based on online credit-card and debit card spending of individuals, as high as one-third of all sales was attributed to retail oriended purchases and spending. This was true especially in the months of November and December, the busiest retail season also referred as the 'golden quarter'.