Press release -
Visa Europe's analysis of spending growth on Sundays vs. other days of the week
Analysis of spending on Visa cards in the UK shows clear growth in Sunday trading versus other days of the week:
| Average Sunday | Average Saturday | Average Day | |
| Increase in face-to-face spend from 2011 to 2015 | 35.2% | 28.2% | 27.9% |
| Increase in online spend from 2011 to 2015 | 68.9% | 56.7% | 47.5% |
Commenting on spending growth in Sunday trading, Kevin Jenkins, UK & Ireland managing director Visa Europe said:
“More than 20 years after the Sunday Trading Act was introduced, it is clear consumer appetite to shop on a Sunday continues to grow. According to our card transaction data, face-to-face spending on a Sunday has grown 35% in the past five years – significantly higher than any other day of the week.
“While growth rates for face-to-face Sunday shopping continue to outstrip Saturday, spend on the second day of the weekend is still around half that of the first. Looking online, the split between the two days is far more even, suggesting extended opening hours on a Sunday could allow retailers to tap into consumer demand to shop, as well as use services such as click and collect, across the weekend.”
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About Visa Europe
Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 37 countries across Europe.
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 16 billion transactions annually – at a rate of 1,622 transactions per second at peak times.
There are more than 500 million 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.
Since 2004, Visa Europe has been independent of Visa Inc. and incorporated in the UK, with an exclusive, irrevocable and perpetual licence in Europe. Both companies work in partnership to enable global Visa payments in more than 200 countries and territories.
For more information, visit www.visaeurope.com and @VisaEuropeNews
All usage of Visa cards are subject to the issuing bank’s terms and conditions. Charges may apply. By using a Visa card abroad you can see clearly any fees you may be being charged for using your card, unlike the hidden costs of getting cash at a bureau de change, which could vary based on the value of the currency you exchange.
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