Payments Index July 2024: Deep Dive on Travel Reveals Signs of Moderation after Post-Pandemic Boom

Summary: Data shows that year-to-date growth in the Travel sector is down, with credit purchases down 1.0% and debit purchases down 3.5%. Explore the July edition of the Velera Payments Index, including a Deep Dive revisit into Travel. While this discretionary spending category boomed in the post-pandemic era, it now shows signs of moderation.