Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), revealed that Irish household spending rose +2.5% year-on-year in August, with the rate of expansion unchanged from that seen in July. Household spending has now seen an increase year-on-year for the past six consecutive months.
Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), recorded another month of modest growth in consumer spending year-on-year, with a 1.6% increase in June.
Dublin, 9 May 2017: According to Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), household spending continued to increase on an annual basis during April.
The latest data from Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), showed a -0.7% year-on-year fall in consumer spending, compared to a +3.9% rise in January. The primary factor for the decline was the additional trading day (Leap Day) in February 2016.
Today, Visa announced that Visa debit and credit cardholders from Ulster Bank can now use Apple Pay, giving users an easy, secure and private way to pay. Apple Pay can be used with any of the contactless point-of-sale terminals which are already used by Visa cardholders every day throughout Ireland.
The slowdown in growth of household spending in Ireland continued in the final month of 2016, according to the latest data from Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments.)
Whether online or in-store, buying gifts or enjoying Christmas revelry, shoppers are foregoing cash, opting for the speed and convenience of contactless cards and new payment methods.
The rate of growth in consumer spending in Ireland slowed for the second month running in November, according to the latest data from Visa's Irish Consumer Spending Index. Expenditure across all payment types (cash, cheques and electronic payments) increased +3.9% year-on-year, the weakest expansion for a year-and-a-half, slower than the +4.4% rise seen in October this year.
Although Visa's Irish Consumer Spending Index (CSI) continued to signal increases in expenditure in October, the annual rate of expansion slowed to the weakest in almost a year-and-a-half.
The rate of growth in Irish consumer spending ticked up slightly in September, as signalled by Visa's Irish Consumer Spending Index (CSI).
Visa Inc. (NYSE: V) While Visa’s Irish Consumer Spending Index (CSI) continued to signal growth in household expenditure during August, the rate of expansion eased from that seen in July.
Visa Inc. (NYSE: V) Visa’s Irish Consumer Spending Index (CSI) pointed to further growth of spending in July.
Visa Inc. (NYSE: V) Visa’s Irish Consumer Spending Index has revealed that household expenditure across all payment types (cash, cheques and electronic payments) was up +6.1% year-on-year in June.
The latest data from Visa Europe has revealed that Irish people spent €1.36 billion abroad with Visa cards – debit, credit and prepaid – in 2015, an 8% increase on the previous year.
According to Visa Europe's Consumer Spending Index, Irish consumer expenditure across all payment types (cash, cheques and electronic payments) continued to rise sharply in the year to May. Spending was up +9.2% year-on-year, slightly slower than the +9.6% rise in April, but still among the strongest in the 21-month history so far.
Visa Europe and permanent tsb has announced the launch of GoREWARDS, offering the bank’s Visa debit card customers money back promotional offers on their favourite retail and online brands based on their spending habits.
The increase in the contactless card payment limit in October 2015 has had a transformative effect on consumer spending habits with Visa debit cards in Ireland, according to new analysis from Visa Europe.
The latest data for Visa Europe's Consumer Spending Index has shown that Irish consumer expenditure across all payment types (cash, cheques and electronic payments) rose by +9.7% year-on-year during April.
• Longer than usual Easter school holidays and Centenary Celebrations helps to boost growth for Recreation & Culture sector with a +14.4% increase in spending • Growth in eCommerce spending remains faster than high-street expenditure • Increase slower than the Leap Day affected rise in February, but solid nonetheless
A new Visa Inc commissioned study by Moody's Analytics that analysed the impact of electronic payments on economic growth across 70 countries between 2011 and 2015 has found that increased use of electronic payment products, including credit, debit and prepaid cards, added $296 billion to GDP globally. The 70 countries in the study make up almost 95 percent of global GDP.