Consumer Payment Card News

Black Friday

Retail spending on general purpose payment cards for “Black Friday,” November 24th, rose 7.6% to $4.3 billion, compared to one-year ago. However, retail volume for payment cards cranked-up to more than $5.0 billion on Saturday. The “Entertainment” category rose 20% on “Black Friday” while “Specialty Store” sales rose 13%. VISA says the average ticket for electronic sales rose 8.7%, compared to the same day last year. (VISA has stopped issuing its weekly holiday “SpendTrak” reports this year.)

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|_3. RETAIL CATEGORIES |
|_3. Friday, November 24th |
|_. | Entertainment | + 20% |
|_. | Specialty | + 13% |
|_. | Home & Garden | + 12% |
|_. | Discount | + 7% |
|_. | Department | + 6% |
|_3. Source: CardTrak |

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