Moderate Recovery and Lingering Deficits The purchasing power of Americans reached a low point of 85.6% in June 2022 due to high inflation, a significant drop from its peak of 102.8% in November 2020. Global X FinTech ETF FINX Americans are expected to rely on buy now, pay later (BNPL) methods this holiday season amid inflationary concerns and high credit card balances. ETFMG Prime Mobile Payments ETF IPAY The fund should stand to gain amid inflationary pressure as it has solid exposure to companies like American Express AXP, Visa V and Mastercard MA.