First Data: Payment transactions rise in August

August was a difficult month for the American economy, but back-to-school promotions coaxed more consumers into shopping with their credit and debit cards, according to payment processor First Data.

The company also found that while the number of electronic payment card transactions grew at foodservice operations in August, the average ticket amount fell as a result of discounting.

According to First Data, a payment processor based in Atlanta, overall year-over-year same-store t

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