UK Black Friday transactions up 3.2% vs 2021 so far -Barclaycard Payments
People walk past Black Friday signage in a shop window during Black Friday on Regent Street in London, Britain, November 25, 2022. REUTERS/Henry Nicholls Purchase Licensing Rights
LONDON, Nov 25 (Reuters) - The volume of Black Friday payment transactions in Britain as of 1700 GMT was up 3.2% compared to 2021, data from Barclaycard Payments showed on Friday.
Barclaycard Payments processes nearly 1 pound ($1.21) in every 3 pounds spent on credit and debit cards in the UK.
"This is encouraging news for retailers who will have been unsure about the outcome of today, given the rising cost-of-living," its head, Marc Pettican, said.
($1 = 0.8269 pounds)
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Reporting by James Davey. Editing by Andrew MacAskill
Our Standards: The Thomson Reuters Trust Principles.
