New Paymentsense data reveals consumer spending trends around February 14
Solicitors could be in for a boost over the Valentine’s Day period, if consumer spending follows last year’s trend, according to card processing data* from Paymentsense.
Although not the most romantic of purchases solicitors, attorneys and legal services saw the biggest trading increase on February 14, 2018 compared with all other businesses across the merchant service provider’s 70,000-strong customer base.
The sector saw a 549% increase in trade last Valentine’s Day, compared with the annual average, suggesting that the occasion could be a trigger for some couples to begin separation proceedings.
Florists’ trading peaked on February 13, with sales volumes of five times the annual average. According to Paymentsense data, Valentine’s is the second most important time of...