Amazon Prime Day Starts Monday and Is Shaping up to Be a Payments Bonanza

Amazon Prime Day Starts Monday and Is Shaping up to Be a Payments Bonanza
Digital Transactions Amazon Prime Day is set for next week, and by all accounts Amazon.com Inc.’s online and in-store shopping frenzy is likely to be a payments-palooza. The event, which despite its name is set to cover two full days—July 15 and 16—this year, will generate $5.8 billion in sales, with $3.6 billion, or 62%, of that total coming from...

Digital Transactions

Amazon Prime Day is set for next week, and by all accounts Amazon.com Inc.’s online and in-store shopping frenzy is likely to be a payments-palooza. The event, which despite its name is set to cover two full days—July 15 and 16—this year, will generate $5.8 billion in sales, with $3.6 billion, or 62%, of that total coming from U.S. shoppers, projects Coresight Research, a New York City-based firm that follows retail spending. Internet Retailer is even more optimistic, forecasting $6.14 billion in sales.

Source

Source: thestrawgroup.com