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

New partnerships accelerate digital health as AI continues to redefine orthopedics

The convergence of AI, specialized software, and clinical expertise is creating a new paradigm in…

11 hours ago

Deduction Raises $2.8M To Launch “Taylor, CPAI,” an AI Agent Aiming To Fix America’s Tax Bottleneck

The IRS just confirmed that Direct File — the agency’s short-lived attempt to offer a…

12 hours ago

Credentialing conference to welcome Sara Ross, sponsor Kryterion this month in Phoenix

I.C.E. Exchange, long regarded as one of the country's leading credentialing conferences, announced that its…

1 day ago

‘We must fight all attempts to undermine climate action, regardless the actor’: UN at COP30

Criticizing UN policies is now considered to be dangerous disinformation for impeding progress on Agenda…

1 day ago

When good coding principles go wrong

I have come across my share of beautifully written, over-engineered code... one moment I am…

1 week ago

Inside the web of deception in the age of AI

This week, I’ve seen a lot of over-dramatization of very simple factual events that seem…

1 week ago