Online spending on Visa cards rises 34% week after Thanksgiving
Online spending on U.S. Visa credit and debit cards for online purchases rose 34% year-to-year for the week ended Dec. 5, to $2.67 billion from $1.99 billion, Visa reports. Total spending on Visa cards rose 19%.
The number of e-commerce transactions on Visa payment cards rose 27.5% year-to-year for the same week, to 33.2 million from 26.04 million, Visa says.
Visa’s e-commerce figures include both b2b and b2c payment volumes.
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