Digital Payments Are Having a Jolly Holiday
This year’s Black Friday might not have been marked by stories of mobs of shoppers like in past years, but it made up for that drama digitally.In-store U.S. retail sales on Black Friday rose 1.1% over last year, according to Mastercard SpendingPulse, and e-commerce sales were up 8.5%. That might help give a second wind to digital payments stocks whose shares have struggled at times in the postpandemic era. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8