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Black Friday & Cyber Monday Conversion Rise May Bite Back at Merchants

December 15 Ingenico ePayments, the online and mobile division of Ingenico Group, disclosed exclusive data from its global payment network showing that:

"In 2016, the UK’s total online retail spend on Black Friday was 330% higher than a typical Friday, while Cyber Monday was 232% higher than a typical Monday."

Compared to the total online retail spending for typical Fridays, US consumers together spent 167% more on Black Friday, while Cyber Monday spending was a colossal 342%

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