The Velera Payments Index January 2025: A Deep Dive into Holiday Spend — Part III

Summary: The 2024 holiday shopping season delivered strong results for the last month of the year. Aided by the late occurrence of Thanksgiving, growth for December holiday spend, along with overall credit and debit results, were positive. Credit posted the best monthly performance for all of 2024 and aided the full-year 2024 growth to show positive year-over-year results. Debit, which had positive growth for each month of 2024, finished December close to the full-year results for purchases and transactions. In this January 2025 edition of the Velera Payments Index, we conclude our three-part series on holiday spending, which aggregates the results of the overall holiday shopping season from October to December 2024.