Black Friday Payments Predictions
11-22-2016
As shoppers gear up to catch Black Friday deals, TransUnion’s early-October 2016 survey of 1,083 Americans over age 18 asked how consumers plan to pay this holiday season. Among those surveyed, most plan to pay with both cash and credit; 74% of the whole anticipate that they will pay for “at least some” purchases with cash, with 70% also planning to use credit cards. More than 80% parents with kids under 18 years old plan to use credit cards for the majority of their purchases.
Read the story from Consumer Reports here.
About ETA
The Electronic Transactions Association (ETA) is the global trade association representing more than 500 payments and technology companies. ETA members make commerce possible by processing more than $6 trillion in purchases in the US and deploying payments innovations to merchants and consumers. Learn more: www.electran.org.
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