Online sales in the UK reached a staggering 130 transactions per second at 13:15pm on Monday 6 December as Christmas shoppers continued to splash the cash.

Retail Decisions, a payment fraud and processing specialist, said that an estimated £830,000 was spent at that time in what was the busiest shopping year of 2010 by a considerable margin.

A spokesperson for Retail Decisions said, “ The figures, which are based on real-time sales from leading online retailers in the UK, show that Christmas shoppers are increasingly turning to the internet for price comparisons, free shipping and discounted deals”.

The IMRG which has described the day as ‘Mega Monday’ predicted that combined sales from Sunday and Monday would pass £0.5 billion.

David Smith, Managing director at IMRG said “ Now that everyone has been paid we are seeing online Christmas shopping really burst into life for this year during today’s lunch period.

“Mondays tend to have the highest spend of the week as people go out to the shops over the weekend and try the products before making a decisions”.

Smith added “ With over half the population of the UK now shopping online, this Christmas looks to be a big one for retailers, possibly even exceeding our estimation of £6.4 billion spent online in December”.

It remains to be seen if these figures will be beaten before the Christmas period is over but with the way that spending has increased as the year has progressed anything is possible.

Please note the views expressed in this blog are the views of the author, Andre Brown and do not represent the view of Locayta, its employees or its shareholders. For more information about Locayta, visit www.locayta.com