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Holiday shopping continues today


Black Friday 2017 is in the books and Cyber Monday has begun. The number of transactions and the dollars spent were both ahead of last year’s totals in each hour so far this Cyber Monday, said Patrick Dix, Shazam’s vice president of public relations. “We handled more than 77,000 transactions between midnight and 6 a.m.,” he said. Shazam is a national member-owned debit network, processor and core provider with offices in Johnston. On Friday, Dix reported the network handled more than 3.5 million transactions totaling more than $65.8 million dollars. That’s an increase of more than 205,000 transactions over 2016’s 3.29 million transactions totaling $59.4 million. Shazam, founded in Des Moines in 1976, serves financial institutions throughout the U.S. Fast Company reported U.S. retailers already did a record $7.9 billion in online sales on Black Friday and Thanksgiving — up nearly 18 percent from last year. This year’s Cyber Monday sales are expected to bring in a whopping $6.6 billion in sales.

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