American consumers are projected to spend over $1 trillion for Christmas 2019. About $150 billion of this amount will be associated with online retailers. If you’re interested in the topic and need to find a unique high-risk merchant account for your eCommerce business, you’re at the right place.
Green Monday & High-Risk Merchant Account
The shopping day of Green Monday falls on the 2nd Monday of December. It’s also known as Cyber Monday 2 and is similar to Black Friday and Cyber Monday.
Business research company comScore defines Green Monday as the last Monday with at least 10 days prior to Christmas. This shopping day originally started with eBay. Then, it also spread to other retailers, including Target and Macy’s.
Adobe Analytics reports this shopping day is anticipated to make up online sales of $3.3 billion. As compared to Black Friday and Cyber Monday, the online sales for the former made up $7.43 billion and $9.42 billion for the latter this year.
What about your own business? Are you offering the right payment processing services to your customers so to grow your sales? For this, you just need to work with a reputable credit card processor that provides the latest, safest and cheapest merchant services in your field.
With a true payment specialist, you can get quick access to the necessary payment processing solutions, including a high risk merchant account.
Holiday Shopping Season 2019
Green Monday 2019 was on Dec. 9. Though this shopping day is less popular as compared to Black Friday and Cyber Monday, numerous major players in the online retail space such as Macy’s, Target, Walmart, and Best Buy are witnessing enormous sales.
Nearly 60% of Americans have decided to conduct online shopping this year. In fact, Green Monday 2019 had even bigger shopper activity as compared to 2018.
In 2019, Americans have planned to spend on average $942 on Christmas gifts, which is $57 more as compared to 2018, according to Gallup. This year, holiday spending is expected to reach $143.8 billion: in 2018, this figure was $126 billion.
To sum up, Green Monday, which happens on the 2nd Monday in December, is gaining more and more popularity among consumers. It’s also called Cyber Monday 2.
Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been the proud Co-Founder of eMerchantBroker, the highest-rated high-risk merchant account processor in the country that’s dedicated to providing the most secure and cheapest high-risk merchant account in the industry. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.