{"id":842481,"date":"2024-08-08T09:24:05","date_gmt":"2024-08-08T03:54:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=842481"},"modified":"2024-08-08T09:58:03","modified_gmt":"2024-08-08T04:28:03","slug":"global-payments-beats-q2-profit-estimates-as-consumers-spending-resilient","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/08\/global-payments-beats-q2-profit-estimates-as-consumers-spending-resilient\/","title":{"rendered":"Global Payments beats Q2 profit estimates as consumers spending resilient"},"content":{"rendered":"<p>Payment company Global Payments beat profit estimates for second quarter on Wednesday, as consumer spending remains resilient despite worries about a economic slowdown. <\/p>\n<p>WHY IT&#8217;S IMPORTANT <\/p>\n<p>Despite recent economic data fueling recession fears, American consumers have remained resilient in face of higher-for-longer interest rates. <\/p>\n<p>The payments sector has maintained steady growth in transaction volumes this year, even as some industry players have expressed concerns about increasing pressure on lower-income brackets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Payment company Global Payments beat profit estimates for second quarter on Wednesday, as consumer spending remains resilient despite worries about a economic slowdown. WHY IT&#8217;S IMPORTANT Despite recent economic data fueling recession fears, American consumers have remained resilient in face of higher-for-longer interest rates. The payments sector has maintained steady growth in transaction volumes this year, even as some industry players have expressed concerns about increasing pressure on lower-income brackets.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-842481","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/842481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=842481"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/842481\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=842481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=842481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=842481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}