It's manic Monday for cyber shoppers

Online retailers are having their busiest day of the year as consumers take part in the annual pre-Christmas shopping spree dubbed Cyber Monday.

Loading Comments
Share
Print

Recent years have seen online shopping figures consistently peaking on the first Monday in December, probably because many UK consumers have received their last pay cheque before Christmas.

Visa Europe predicts £320 million will be spent on its cards alone as online transactions top 6.8 million, an increase of 21% on last year, making December 3 this year the busiest online shopping day in history.

This month will also see more than £11 billion withdrawn from cash machines, equating to more than £41,000 per second in the pre-Christmas peak.

Sainsbury's Bank predicts a 1.3% rise in cash withdrawals compared with December last year to reach a total of £11.1bn, due to an increased number of ATMs across the country, resulting in increased accessibility.

Visa Europe commercial director Dr Steve Perry said: "On Mega Monday, people across the UK will go online and use their Visa cards to make 6.8 million transactions, the most in a single day in UK history. That's 21% more than in 2011, signalling that consumers are becoming increasingly accustomed to the advantages of shopping online."

retail

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

108869

Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
Michelle McManus

Michelle McManus

Sussed in the City

I’m getting older and wise when it comes to partying.

Times Out

Entertainment

Lifestyle

TV Advert
Janice Bell

Janice Bell

You couldn’t make up half the stuff that happens to PA Janice Bell- some of the jams she gets herself into are worth a story or two.

Games news:

Putting the world to rights

Gail's Gab

Well done John Barrowman for redefining the Glasgow kiss at the opening ceremony.

Cat’s Eyes on Glasgow

Cat’s Eyes on Glasgow

Cat Cubie’s job is to find and share with you the fabulous things the city has to offer, from gigs to gastro.