January 4, 2005, 12:00 AM

Post-Christmas online spending on Visa cards rises 39% year-to-year

Online spending growth on Visa cards pushed past Christmas, as it rose 38.6% for the week ended Jan. 2, to $1.999 billion from $1.442 billion in the comparable week a year ago, Visa reports.

 

Online spending growth on Visa cards pushed past Christmas, as it rose 38.6% for the week ended Jan. 2, to $1.999 billion from $1.442 billion in the comparable week a year ago, Visa reports.

By comparison, total spending on Visa cards for the same week rose 20% year-to-year, to $21.193 billion from $17.661 billion, Visa says.

The number of e-commerce transactions on Visa cards for the week ended Jan. 2 rose 32.6% year-to-year to 25 million from 18.9 million, Visa says. The total number of Visa transactions, meantime, rose 21.6% to 370.6 million.

Visa includes b2c and b2b sales in its e-commerce figures.

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Scott Stone / E-Commerce

How to turn friendly fraud into customer loyalty

Understanding the various kinds of fraud allows a merchant to strengthen ties with honest shoppers ...

FPO

Mike Cassidy / E-Commerce

Amazon Prime Day’s halo effect for other e-retailers

Four strategies that can help competitors compete with Amazon on Prime Day.

Advertisement