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Visa reports holiday retail spending increased 4.2%

Visa (V) released its annual retail spend monitor from Visa Consulting & Analytics. Preliminary data shows that overall holiday retail spending increased 4.2% year over year across all payment types, including cash and check. These figures are not adjusted for inflation. Overall, 73% of holiday payment volume was in physical stores while 27% of retail spend happened online. Online retail spending rose 7.8%.

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