PSCU Payments Index July 2021: Deep Dive on Amazon Prime Day

Summary: As we introduce the fourth installment of the PSCU Payments Index, we find our country at a key inflection point in its battle against the COVID-19 pandemic – and its long-reaching effects on the U.S. economy. Despite these challenges, we continue to see positive signs of economic recovery and increased consumer spending and confidence. In the July 2021 edition of the PSCU Payments Index, we take a deep dive into this year’s Amazon Prime Day event, held June 21-22, as well as the competing events from major U.S. retailers Target and Walmart. We hope that the insights and demographic data from these events, one of the largest retail shopping periods of the year, will help our financial institutions make informed decisions and help keep their cards in the coveted top-of-wallet position for consumers.

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As we introduce the fourth installment of the PSCU Payments Index, we find our country at a key inflection point in its battle against the COVID-19 pandemic – and its long-reaching effects on the U.S. economy.

Despite these challenges, we continue to see positive signs of economic recovery and increased consumer spending and confidence. In the July 2021 edition of the PSCU Payments Index, we take a deep dive into this year’s Amazon Prime Day event, held June 21-22, as well as the competing events from major U.S. retailers Target and Walmart. We hope that the insights and demographic data from these events, one of the largest retail shopping periods of the year, will help our financial institutions make informed decisions and help keep their cards in the coveted top-of-wallet position for consumers.

Key takeaways include:

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