VeriSign announced this morning their analysis of online sales during the holiday season.
The post-holiday season analysis revealed that VeriSign merchants’ total online payments transactions increased more than 75% in 2002. Overall for 2002, consumers spent nearly $13.7 billion on the Internet, according to Nielsen//NetRatings.
High-volume VeriSign merchants also saw substantial increases in transactions processed. The average dollar amount per transaction for the top 50 VeriSign online merchants nearly tripled in 2002 increasing from $43.91 in December 2001 to $123.85 in December 2002.