Payments News


Cyber Monday Totalled $9.2B in US Online Sales, Smartphones Accounted for a Record $3B

“Cyber Monday — the final day of the extended Thanksgiving weekend that traditionally kicks off holiday season spend — broke another e-commerce record: US shoppers racked up a total of $9.2 billion in online sales, according to figures from Adobe . To put that number into some perspective, at its peak, consumers were spending $11 million per minute; this was the first day to see sales via smartphones break the $3 billion mark; and this was $1.3 billion more than shoppers spent on Cyber Monday a year ago (remember the days when breaking $1 billion was a big deal?).”