Canadian Holiday Spending up 4.4% and other Digital Transactions News briefs from 12/24/25
Digital Transactions News staff
December 24, 2025
E-Commerce, Fraud & Security, Mobile Commerce, Point-of-sale, Transaction Processing
- Holiday spending in Canada over the seven-week period starting Nov. 1 rose 4.4% compared to the same period last year, according to a report from Visa Consulting & Analytics. Some 88% of the spending occurred in-store, with the remainder spent online.
- Payments provider Klarna AB said U.S. spending on its platform on entertainment, experiences, and automotive products rose 130%, 115%, and 100%, respectively, year-over-year during the Dec. 1 through Dec. 22 shopping period.
- Identis Group, a European developer of payments and identity technology, said it has made an investment in Credence ID LLC, a California-based digital-identity platform. The extent of the investment was not disclosed.
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