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Credit union debit and credit card spending was goosed in the week ending Oct. 18 by an annual, two-day promotion by Amazon Prime, but not as much as past years, according to reports by two payment CUSOs Monday.

Among members whose credit unions work with CO-OP Financial Services, based near Los Angeles, total debit and credit card spending on Amazon for Oct. 13-14 (this year’s “Amazon Prime Day”) was 51.4% greater than during the previous event, which was held July 15-16, 2019.

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Jim DuPlessis

A journalist for decades.

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