Card-present restaurant spending offers early warning system for virus spread

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After analysing spending by 30 million US Chase credit and debit cardholders in conjunction with coronavirus case data from Johns Hopkins University, JP Morgan found that the level of card-present spending in restaurants can predict where the virus will spread a few weeks later. The study also found a correlation between increased spending in supermarkets with increased social distancing and therefore a slower viral spread.

https://fortune.com/2020/06/26/is-it-safe-restaurant-coronavirus-cases-credit-cards-restaurants-jp-morgan-chase-covid-19-outbreaks/
Writer: Anne Sraders
Publication: Fortune