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Seeweekly news
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2005-12-01 |
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Visa Offers Consumer Protection Tips for the Holidays |
As the holiday shopping season gets underway, a new poll by Visa USA finds that consumers prefer to pay with Visa more than ever before this holiday season.
Specifically, 45 percent of those polled cited their credit card or debit card as their preferred payment method at the holidays. These findings make general purpose payment cards, such as Visa, the number one payment option at the holidays, followed by cash (41 percent), checks (10 percent) and store cards (2 percent).
The consumer survey results are supported by actual Visa spending data. Total spending on Visa-branded cards for Black Friday (November 25th) topped $3.9 billion, a 13.9 percent increase over the same day in 2004 ($3.4 billion in 2004), according to the Visa USA SpendTrak Report, which provides real-time insight into consumer spending behavior during the holiday shopping season. Overall sales during the holiday season (October 31-November 25) increased to $82.7 billion, a 17 percent increase over the same period in 2004.
Today $15 out of every $100 spent by consumers in the United States is on a Visa-branded card.
In light of the tremendous popularity of Visa cards, Visa wants consumers to have a safe, convenient and enjoyable holiday shopping experience. |
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