HomeBankingMollie: Data reveals strong Black Friday & Cyber Week sales performance

Mollie: Data reveals strong Black Friday & Cyber Week sales performance

Date:

CME Group Launches XRP Futures: A New Era in Crypto Derivatives

Exploring the impact of XRP futures on institutional and...

EU Central Banks Pioneer Synchronised Settlement in FX Transactions

Exploring the future of cross-border payments with distributed ledger...

Revolut’s Karma System: Linking Risky Behavior to Staff Bonuses

How Revolut's innovative approach to compliance is reshaping corporate...

Mollie: Data reveals strong Black Friday & Cyber Week sales performance

  • Mollie, a finance industry pioneer and one of Europe’s fastest-growing fintech
  • Revealed insights into online payment trends for small and medium-sized retailers on Black Friday and Cyber Week 2022
  • Sales performance was much stronger than expected, Buy Now, Pay Later, and local payment methods
  • Despite pessimism running into the peak shopping season, small and medium-sized merchants across Europe
  • Small and medium-sized e-commerce retailers also experienced a 13.5% increase in sales volume
  • Overall Buy Now, Pay Later volumes increased by 57%, accounting for 6% of total Black Friday spend
Exit mobile version