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Topics: Data, Telecom, IT

Household spending increases slightly for second month in a row

- Consumer spending: increases by +0.2%, following +0.4% rise in August - Face-to-Face expenditure: up by +1.1%, while eCommerce spend falls by -0.2% - Sector data show that Hotels, Restaurants & Bars and Food & Drink categories continue to see strongest increases in spend

Consumer spending returns to positive territory in August

- Consumer spending: rises +0.4%, after -0.9% decline in July - Face-to-Face spend: increases +0.3%, but eCommerce expenditure declines by -0.2% - Hotels, Restaurants & Bars and Food & Drink categories see the biggest increases in expenditure

Household spending falls slightly in July

- Consumer spending: down -0.9% compared to July last year - Face-to-Face spend: decreases -1.2%, while eCommerce expenditure falls by -0.5% - Warmer weather supports solid increase in spend across Food & Drink and Hotels, Restaurants & Bars categories

Consumer spending bounces back in May

Consumer spending bounces back in May

Headline findings: - Consumer spending: up +0.9% year-on-year, quickest increase since March 2017 - Face-to-Face spend: up +1.5% on the year, strongest upturn since October 2016 - Spending on household goods rises for the first time in 18 months

January sales dip for the first time since 2013

Headline findings: Household spending falls by -1.2% on the year, the first January drop since 2013 Sharp decline in High Street spend (-4.0%), and slower growth in E-commerce (+1.5%) Transport & Communication suffers from quickest drop (-6.5%), while Hotels, Restaurants & Bars reports further rise (+3.7%)

Brits experience major concerns over using cash on holiday

• Loss or theft of cash abroad is the biggest concern for Brits on holiday • Eight out of 10 Brits have left-over holiday cash lying around at home • Spain, USA and France are the most popular destinations for Brits

Visa Checkout reaches one million enrolled consumers in the UK

Visa Inc. (NYSE:V) today announced that Visa Checkout has surpassed one million enrolled accounts in the UK. Visa’s online payment method, which was launched in May 2017, enables consumers to pay securely in just a few clicks on any device across the internet with some of the world’s top merchants.

Black Friday failed to lift consumer spending in November

Black Friday failed to lift consumer spending in November

Headline findings: - Household expenditure falls by -0.9% on the year after -2.1% drop in October - Face-to-Face spend continues to decline (-3.5%), as Black Friday spend moved further online, up +2.4% - Majority of sectors record lower expenditure, with Transport & Communication being the worst hit (-6.0%) - Miscellaneous Goods & Services remains a bright spot, up +4.9%

Visa Payment Wearable Glove

Visa Introduces New Payment Wearables for Fans Attending the Olympic Winter Games PyeongChang 2018

Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, today introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap.

Decline in consumer spending during September points to continued weakness in UK economy

Decline in consumer spending during September points to continued weakness in UK economy

- Household expenditure declines -0.3% on the year, the fourth month in the last five to see a decline - Recreation & Culture (-1.3%) suffers biggest decline since July 2013 - High street continues to suffer as face-to-face spending declines -3.2% - Lower spending across Transport & Communication (-6.4%) and Household Goods (-2.6%)

About Visa Europe

Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 38 countries.

Visa Europe is at the heart of the payments ecosystem providing the services and infrastructure to enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees. Visa Europe is also the largest transaction processor in Europe, responsible for processing more than 18 billion transactions annually.

There are more than 500m Visa cards in Europe, while €1 in every €6 spent in Europe is on a Visa card. Total expenditure on Visa cards exceeds €2 trillion annually, with €1.5 trillion spent at point-of-sale.

Visa Europe is an independent business with an exclusive, irrevocable and perpetual licence to use the Visa brand in Europe. Visa Europe works in partnership with Visa Inc. to enable global Visa payments in more than 200 countries and territories.

For more information, visit www.visaeurope.com and @VisaEuropeNews

Visa UK
Visa UK