By: Kim Ploof, Managing Vice President The Primax Payments Pulse: Summer 2023 Spending Report revealed signs of increased consumer sentiment about the economy, with consumer spending still moderate. Debit had higher year-over-year growth than credit, but purchase growth lagged behind transaction growth for both, affecting average spending. This report takes a deep dive into the Services sector and identifies the leading merchant categories that contributed to sector growth. Key Takeaways Some key takeaways from the report include: During the second quarter of 2023, credit and debit...