November 9, 2005, 12:00 AM

Online buying on Visa cards totals $2.3 billion in November`s first week

E-commerce spending on Visa branded payment cards in the U.S. rose 29% year-over-year to $2.3 billion in the first week of November, according to Visa U.S.A.’s Holiday SpendTrak report.

Kurt Peters

Executive Editor

 

E-commerce spending on Visa branded payment cards in the U.S. rose 29% year-over-year to $2.3 billion in the first week of November, according to Visa U.S.A.’s Holiday SpendTrak report. Visa processed 27.2 million transactions during the week, up 19% from the same period in 2004. The average ticket was $84.91.

Online purchases accounted for about 10% of the $22.3 billion in spending on Visa cards for the week and about 7% of total transactions of 397.7 million, Visa said. The average ticket for all spending on Visa cards was $56.14.

 

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...

FPO

Charles Nicholls / E-Commerce

E-mail remarketing: three best practices to maximize revenue

Consumers who make it to the shopping cart are interested in buying. The chief strategy ...

Advertisement