By: Kim Ploof, Managing Vice President The Primax Payments Pulse: Spring 2023 Spending Report revealed signs of slowing economic growth, including softened consumer purchasing and lower average purchases for both credit and debit. The report takes a deep dive into the ongoing increase in Digital Payments versus traditional Physical Card payments, as well as a definition of “Digital Payments.” Key Takeaways Some key takeaways from the report include: Both credit transactions and purchases saw a 6% year-over-year increase in the first quarter of 2023, while debit transactions were up 5% and...