And like others, we've seen the shift in spend away from consumer goods to travel and services as people emerge from the pandemic.

May 10, 2023 / CEO / receipt, needs a key / Patrick Spence, CEO | earnings call 2023-05-10 | transcript 0dfe4a21-4a53-4500-9724-9320b5d113e9 | chars 8419-8549 | segment 8

Consumer spending was rather tepid, especially as the pendulum has swung away from goods and towards travel and services, as the consumer enjoys some of the activities that they were deprived of during the pandemic.

Feb 8, 2023 / CEO / receipt, needs a key / Patrick Spence, CEO | earnings call 2023-02-08 | transcript 009f19b7-4050-45c6-a272-a6679d32fd4e | chars 3340-3555 | segment 3