News Articles
 
Bookmark Forward to Friend
Payments Industry
First Data Release's December 2012 SpendTrend
 
14/1/2013  
 
First Data has released its First Data SpendTrend analysis for the full month of December 2012 compared to December 2011. Consumer’s stepped back from spending in December as the fiscal cliff debate continued, lingering effects of Superstorm Sandy persisted, and the initially less aggressive retail discounting environment for most of the month dampened shopping. Dollar volume growth was 4%, the lowest monthly growth in three years and a steep slowdown from the typical range between 6% and 10%. SpendTrend track's same store consumer spending by credit, signature debit, PIN debit, EBT, closed loop prepaid cards and check's at U.S. merchant location's.

(Paymentsnews.com)
NewsSource

Comment on this news
 
Comment :

 

RSS Feed

RSS Feed

RSS Feed
Use of this Site is subject to express Terms of Use. By using this Site, you signify that you agree to be bound by these Terms of Use, which were last revised on January 13, 2011.
    Privacy Policy
Copyright © 2011 Crystal Payments LTD. All rights reserved.