While Amazon Prime Day this year was much later than usual, it was still very much successful for both the online store and for credit unions. A recent report from Co-Op Financial Services showed that dollar amounts and total transactions had increased by more than 51% for both credit and debit charges compared to last year.
Of course, since the beginning of the pandemic, ecommerce has been one of the main ways people are shopping. In fact, since April of this year, Amazon credit card transactions have increased by 48% since last year, and as for debit, transactions went up by 79% from the day before the big sale. Overall, Amazon Prime Day 2020 was a success, and as we continue to avoid going out, things are very likely to continue going well for the online retailer.
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