Categories: Web

Irish consumers will spend €257 million online this Christmas

Irish consumer are expected to spend €257 million online this Christmas, with today, Cyber Monday, set to be the single busiest day in terms of online trade during this holiday shopping season.

Research from Visa Europe found that 82% of the Irish adult online population plan to spend an average of €155 online this Christmas.

Almost seven million transactions will occur across Europe today alone, peaking initially around dinner-time, then again at 7pm. Europeans will be shopping at a rate of €350,000 every minute, and will have spent €510 by day’s end – 80% of which will occur on debit-cards. Vice-President of Visa Ireland Conor Langford commented,

“Online shopping continues to soar in popularity in Ireland, with consumers set to pick up a range of goods on the internet for Christmas. We would remind shoppers to make sure that they place their orders early to ensure that they receive their goods on time”.

Offline, the busiest shopping day is expected to be Friday, December 23rd, with €1 in every €8 spent in Europe on a Visa card.

Albizu Garcia

Albizu Garcia is the Co-Founder and CEO of Gain -- a marketing technology company that automates the social media and content publishing workflow for agencies and social media managers, their clients and anyone working in teams.

Recent Posts

Reality intelligence startup Track3D raises $10M to tackle construction delays

Construction is one of the world’s most complex industries to manage. Projects run late, costs…

1 day ago

UK to force digital ID, Blair Institute claims 62% of Brits favor digital identity

Illegal immigration is the Trojan Horse of choice to deliver mandatory digital ID: perspective Using…

1 day ago

97% of CIOs, CTOs concerned about unethical use of AI at companies: Report

Since the launch of OpenAI’s ChatGPT in late 2022, use of artificial intelligence (AI) has…

2 days ago

We can’t eat it, but AI will feed the world

Since its massification in the early 2020s, AI has been slowly integrated into sectors as…

1 week ago

To monitor disinformation Von der Leyen urges European Democracy Shield, Center for Democratic Resilience

The EU, UN, WEF, and G20 all call on stakeholders to mitigate the harmful effects…

1 week ago

Trump Takes Aim at Remote Work—Is He the Movement’s Top Adversary?

Back in 2018, I wrote a story, To Kill an Outsourcing Bird. For my younger readers,…

1 week ago