Visa: E-commerce sales up 17% in first 10 months of 2013

New York -- In the first 10 months of 2013, e-commerce sales are up 17% from the same period last year, according to the Visa Spending Intentions survey. To-date in 2013, Visa domestic e-commerce transactions exceeded one billion dollars on 211 days, an increase of 19% from 2012.

In other findings:

  • Eighty-seven percent of people plan to do at least some of their holiday shopping online, with 40% saying they will do half or more gift-buying online.
  • Seventy-two percent of people also plan to spend more or the same amount of money on gifts this year, compared to last. Almost 50% expect to spend between $301 and $800, while 14% plan to spend more than $800.
  • Twenty-five percent of respondents plan to use their mobile phone or tablet for holiday shopping this year, up from 22% last year.
  • Credit and debit cards will be the primary forms of payment through the holidays, with 56% of people planning to use their credit card and 30% to use a debit card.

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