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Package sent during Amazon Prime Day. Package sent during Amazon Prime Day. (Source: Shutterstock)

Credit and debit card transactions were up big for many credit union card issuers during Amazon’s Prime Day event on July 15 and 16, and the implications could be profound for card issuers and retailers, according to new data from CO-OP Financial Services.

The company said the number of Prime Day transactions inside the CO-OP credit card portfolio spiked 48.6% compared to 2018, and debit transactions for the company’s CU card issuers rose 21% year over year. The total dollars spent on both credit and debit cards was up 33%, it added.

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Tina Orem

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