The company’s US Thanksgiving day transaction volumes have registered a 74.6 percent year-over-year growth. Although Thanksgiving is a national holiday in the US, transaction volumes outside of the US market have also increased significantly. Outside of the US, GlobalCollect has seen its transaction volume jump by 39.3 percent this year as compared to 20.3 percent recorded in 2010.
The traditional shopping fever on Black Friday is preceded by a significant increase in online transactions on Thanksgiving holiday due to the ability to shop at times convenient for customers rather than being restricted to brick and mortar shops’ opening hours. The significance of the traditional shopping on Black Friday and Cyber Monday is diminishing, as increased volumes at Thanksgiving remained high over the following days until Cyber Monday.
In recent news, US-based online travel agency Despegar has selected GlobalCollect to facilitate its e-payment needs and to drive its e-commerce expansion in Latin America.
GlobalCollect provides e-payment services for international customer not-present channels such as internet, mail and telephone orders and specializes in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming and digital content. Via a single-interface online payment platform, the company offers local and international payment methods in almost 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, e-wallets, cash at outlets, prepaid methods, checks and invoices.
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