PSCU Payments Index August 2023: Ongoing Resilience in Purchasing Growth for Debit and Credit

Summary: The August edition of the PSCU Payments Index shows continued positive signs of cooling inflation, along with improved consumer sentiment and steady resilience in purchasing growth for credit and debit. We highlight the annual Amazon Prime Day sales event — this month's Deep Dive in the Payments Index — including the competing sales events from Target and Walmart. We also examine the generational differences in the results for each of these retailers.