Co-op Payment Transaction Analysis Shows Credit Union Members Cooled Spending on Amazon Prime Day 2022
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Inflation Suspected to Have Influenced Small Year-over-Year Increases
RANCHO CUCAMONGA, California – Reflecting the slowdown in consumer spending nationally, Amazon Prime Day stimulated a small uptick in online purchasing over the two-day shopping holiday, according to credit union-issued card data analyzed by Co-op Solutions. The number of debit transactions made on Amazon was actually down .05 percent on Day 1 of Amazon Prime Day, and up just .62 percent on Day 2 (Jul...