Payment Card News

Cyber Holiday Pulse Index

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Chase Paymentech payment processor launched its sixth annual edition of the “Cyber Holiday Pulse Index,” offering an inside look at consumer online shopping trends for the key shopping days Black Friday and Cyber Monday. This year it indicates ecommerce shoppers are already diving in, with the first two weeks of November showing online sales up over 25% from the year ago period. Average ticket value, however, are currently down over 9% but 2011 annual online sales so far are up an estimated 17% in the first half. Given this, the 2011 shopping season is shaping up to be quite the performer.

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