CardTrak.com - Most Trusted Source of Credit Cards Since 1986

By Michael McKinstry, CardTrak.com

Retail spending on general purpose payment cards for "Black Friday," November 24th, rose 7.6% to $4.3 billion, compared to one-year ago. However, retail volume for payment cards cranked-up to more than $5.0 billion on Saturday. The "Entertainment" category rose 20% on "Black Friday" while "Specialty Store" sales rose 13%. VISA says the average ticket for electronic sales rose 8.7%, compared to the same day last year. (VISA has stopped issuing its weekly holiday "SpendTrak" reports this year.)