Expectation for Record High Card Swipe Amount in Summer 2024

Reported about 1 year ago

Summer vacation is set to begin on July 1, 2024, with many parents and students already preparing their travel plans. Optimism surrounds the card swipe amounts for this year's July and August, with chances of surpassing last year and potentially exceeding the 2022 summer holiday, setting a new record high. Various banks anticipate significant growth in card swipes during the summer season, particularly in categories such as travel, dining, and online shopping.

Source: YAHOO

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