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News Stories Thursday, April 24, 2003   
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Average sales per merchant up 40% in March, processor Paymentech says


Average sales for online retail and travel clients of credit card transactions processor Paymentech were up 40% in March over March of last year and up 75% above March 2001, Paymentech tells InternetRetailer.com.

Average nunber of transactions at its online merchants in March were up 36% vs. a year ago, Paymentech says, and up 70% over March 2001. It says the average transaction value at its merchants rose to $53.21 in March, up 3% from $51.66 a year ago and 3.8% from $51.26 in March 2001.

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