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Visa: Online Card Usage Up 58 Percent Xmas Week

Visa reported that its online card usage grew 57.8 percent in the week leading up to Christmas, comprising $1.83 billion in holiday spending, according to Internet Retailer. Interestingly, the day before Christmas showed a slight decrease in spending (1.1 percent). The number of transactions grew to 23.7 million, up 43.1 percent. Visa e-commerce sales for the last two months totaled $17.83 billion.

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