Friday, September 29, 2023

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Mollie: Data reveals strong Black Friday & Cyber Week sales performance

Mollie: Data reveals strong Black Friday & Cyber Week sales performance

  • Mollie, a finance industry pioneer and one of Europe’s fastest-growing fintech
  • Revealed insights into online payment trends for small and medium-sized retailers on Black Friday and Cyber Week 2022
  • Sales performance was much stronger than expected, Buy Now, Pay Later, and local payment methods
  • Despite pessimism running into the peak shopping season, small and medium-sized merchants across Europe
  • Small and medium-sized e-commerce retailers also experienced a 13.5% increase in sales volume
  • Overall Buy Now, Pay Later volumes increased by 57%, accounting for 6% of total Black Friday spend

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