Pre-Christmas credit card spending up 57.8% in 2004

Online spending on Visa credit and debit cards surged 57.8% YTY for the week ended Dec. 26, to $1.83 bln from $1.16 bln, according to Visa. Meanwhile, total (online+offline) spending on Visa cards rose 31.8% for the week, to $25.38 bln.