A combination of pay day for the majority of consumers falling on the last Friday of the month and a weekend spent browsing the shops results in shoppers logging on to buy their gifts online on the subsequent Monday, a Visa Europe report has found.
All of these factors will result in consumers spending £222,222 per minute, making 4,722 transactions every 60 seconds.
More top news
The false alarm led to a major security crackdown at Geneva Airport after the desperate woman made the false threat to Swiss customs.
Cloud will be theme of today.
James Corden's hit sketch starring the likes of Michelle Obama and Adele has been bought by Apple for an exclusive 16-part series.