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Visa reports 4.2pc rise in US holiday retail spending

Apple Pay allows contactless payments to avoid the spread of germs. Image credit: Apple According to the annual Retail Spend Monitor from Visa Consulting & Analytics, overall holiday retail spending rose 4.2 percent year-over-year across all payment types during a seven-week period beginning Nov. 1. Image credit: Apple

 

American payment processing company Visa is reporting increased consumer activity during the recent holiday shopping period.