{"id":915354,"date":"2025-12-02T12:35:52","date_gmt":"2025-12-02T17:35:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\/"},"modified":"2025-12-02T12:35:52","modified_gmt":"2025-12-02T17:35:52","slug":"correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\/","title":{"rendered":"CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday<\/b><\/p>\n<p>\nData reveals a 10% year-over-year increase in transactions during the big shopping weekend as consumers backed local businesses\n<\/p>\n<p>DISTRIBUTED-WORK-MODEL\/SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nIn <i>Lower West Side, Chicago <\/i>section, first bullet point should read: Total BFCM Weekend Volume: <b>$8.4M<\/b> (instead of<b \/>Total BFCM Weekend Volume: <b>$49M).<\/b><\/p>\n<p>\nThe updated release reads:\n<\/p>\n<p><b>BLOCK PROCESSES 124 MILLION TRANSACTIONS AS AMERICANS SHOP LOCAL THIS BLACK FRIDAY, CYBER MONDAY<\/b><\/p>\n<p>\nData reveals a 10% year-over-year increase in transactions during the big shopping weekend as consumers backed local businesses\n<\/p>\n<p>\nBlock, Inc. (NYSE: XYZ) today released its Black Friday, Cyber Monday results, revealing a shift toward local spending as Americans focus on neighborhood economies. Data indicates Block handled more than <b>124 million<\/b> transactions across Square, Cash App, and Afterpay over the four-day shopping period, reflecting a <b>10%<\/b> increase from last year.\n<\/p>\n<p><b>Record-Breaking Weekend Highlights:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nAbout<b> 49.8 million unique consumers<\/b> engaged with Square, Afterpay, and Cash App Card\n<\/li>\n<li>\nMore than <b>1.3 million businesses<\/b> served during BFCM weekend\n<\/li>\n<li><b>Midtown Atlanta<\/b> was the local loyalty hotspot, which saw the most repeat customers (57.9k) along with 469k in local transactions over the course of the weekend\n<\/li>\n<li>\nShoppers looking for the least stressful holiday shopping experience helped push <b>gift card spend to $33.5M<\/b><\/li>\n<li>\nThe peak spending day over the BFCM weekend was <b>Saturday<\/b> across all neighborhoods\n<\/li>\n<li>\nSocial media purchases through Cash App Card grew <b>13% among young consumers<\/b><\/li>\n<\/ul>\n<p>\n&#8220;We&#8217;re witnessing a fundamental shift in how Americans shop,&#8221; said Nick Molnar, Head of Global Sales and Marketing at Block. &#8220;Consumers aren&#8217;t just spending \u2013 they&#8217;re spending smarter and choosing to invest in their local communities. Our ecosystem is enabling this transformation, connecting neighborhood businesses with today&#8217;s digital-first consumers.&#8221;\n<\/p>\n<p><b>Neighborhood Economic Impact Spotlight:<\/b><\/p>\n<p><i>Midtown, Atlanta<\/i><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nTotal BFCM Weekend Volume: <b>$13M<\/b><\/li>\n<li>\nTotal Transactions: <b>469k<\/b><\/li>\n<\/ul>\n<p><i>West Village, New York City<\/i><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nTotal BFCM Weekend Volume: <b>$2.5M<\/b><\/li>\n<li>\nTotal transactions: <b>181k<\/b><\/li>\n<\/ul>\n<p><i>Lower West Side, Chicago<\/i><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nTotal BFCM Weekend Volume: <b>$8.4M<\/b><\/li>\n<li>\nTotal transactions: <b>304k<\/b><\/li>\n<\/ul>\n<p><b>Next-Gen Shopping Patterns:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nCash App Card holders increased their local spending by <b>25%<\/b>, signaling stronger engagement with neighborhood businesses and a meaningful lift for local economies\n<\/li>\n<li>\nAverage BNPL basket size grew <b>10%<\/b>, indicating customers are buying more items per transaction\n<\/li>\n<li>\nBNPL consumer spend per customer was up <b>6%<\/b>, suggesting more habituation within the Afterpay app\n<\/li>\n<\/ul>\n<p><b>Category Leaders:<\/b><\/p>\n<p>\nFastest-growing local sectors:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nServices: <b>91%<\/b> year-over-year\n<\/li>\n<li>\nHome and garden: <b>23%<\/b> year-over-year\n<\/li>\n<li>\nTravel and experiences: <b>13%<\/b> year-over-year\n<\/li>\n<\/ul>\n<p>\nTop trending products in retail:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nShirts and tops\n<\/li>\n<li>\nShoes\n<\/li>\n<li>\nPants\n<\/li>\n<\/ul>\n<p>\n&#8220;These numbers tell a powerful story about the future of commerce,&#8221; Molnar added. &#8220;When we give sellers the right tools and consumers more flexibility, local economies thrive. The integration of Square, Cash App, and Afterpay is creating a network effect that benefits everyone \u2013 from the corner store to the consumer.&#8221;\n<\/p>\n<p>\nFor the complete Block BFCM 2025 Commerce Report, including detailed data visualizations and neighborhood-specific insights, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fblock.xyz%2Fbfcm%2F2025&amp;esheet=54366593&amp;newsitemid=20251202324557&amp;lan=en-US&amp;anchor=https%3A%2F%2Fblock.xyz%2Fbfcm%2F2025&amp;index=1&amp;md5=bc35848b2af1264428ccf908a9b85de4\">https:\/\/block.xyz\/bfcm\/2025<\/a><\/p>\n<p><b>Methodology<\/b><\/p>\n<p>\nAll data presented are unaudited and subject to adjustment.\n<\/p>\n<p>\nBlack Friday and Cyber Monday: Square, Afterpay, and Cash App Card** analyzed millions of transactions across all seller industries in the U.S. in 2025 from November 29, 11:00 UTC to December 2, 23:59 UTC. All monetary metrics are displayed in USD.\n<\/p>\n<p>\n*Block Consumer Spend Transactions is a metric Block\u2019s Marketing Team uses to measure consumer spending across different businesses during busy periods such as Black Friday Cyber Monday. Block Consumer Spend Transactions includes all posted and pending credit card, debit card, and cash transactions at Square sellers, Cash App Card transactions, and Afterpay transactions. Block Consumer Spend Transactions does not represent Square GPV or overall Block GPV.\n<\/p>\n<p><b>About Block, Inc.<\/b><\/p>\n<p>\nBlock, Inc. (NYSE: XYZ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.\n<\/p>\n<p><b>About Square<\/b><\/p>\n<p>\nSquare makes commerce and financial services easy and accessible with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services and banking products, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more \u2013 all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. Square, Cash App, Spiral, and TIDAL are a part of Block, Inc. (NYSE: XYZ). For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.squareup.com&amp;esheet=54366593&amp;newsitemid=20251202324557&amp;lan=en-US&amp;anchor=www.squareup.com&amp;index=2&amp;md5=b8e9d4e4fe7bf71c08a92659386be124\">www.squareup.com<\/a>.\n<\/p>\n<p><b>About Afterpay<\/b><\/p>\n<p>\nAfterpay is transforming the way we pay by allowing eligible shoppers to buy products immediately and pay over time &#8211; enabling simple, transparent and responsible spending. We are on a mission to power an economy in which everyone wins. Afterpay is offered by thousands of the world\u2019s favorite retailers and used by millions of active global customers. Afterpay is currently available in Australia, Canada, New Zealand, the United States and the United Kingdom, where it is known as Clearpay. Afterpay is a wholly owned subsidiary of Block, Inc. (NYSE: XYZ).\n<\/p>\n<p><b>About Cash App<\/b><\/p>\n<p>\nCash App is the money app. Banking* on Cash App is easy: customers can receive paychecks early with direct deposit, spend money where Visa is accepted with a personalized Cash App Card, and grow their money with a separate savings balance &#8211; all without hidden fees.<b \/>Customers can also create a unique $Cashtag to share with anyone to get paid fast, make purchases with Cash App Pay, trade stocks and buy and sell bitcoin**. With Afterpay, customers can also pay over time in a way that best fits their financial needs through participating merchants or directly in the app. Download Cash App for free at cash.app\/download.\n<\/p>\n<p>\n*Cash App is a financial services platform, not a bank. Banking services provided by Cash App\u2019s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. See <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fcash.app%2F&amp;esheet=54366593&amp;newsitemid=20251202324557&amp;lan=en-US&amp;anchor=cash.app&amp;index=3&amp;md5=ca5fa43db72c0c5d96df2db173aa4ef5\">cash.app<\/a> for more details.\n<\/p>\n<p>\n**Brokerage services provided by Cash App Investing LLC, member <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.finra.org%2F&amp;esheet=54366593&amp;newsitemid=20251202324557&amp;lan=en-US&amp;anchor=FINRA&amp;index=4&amp;md5=40e38a599c32a3a03abe74110800ce37\">FINRA<\/a>\/<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sipc.org%2F&amp;esheet=54366593&amp;newsitemid=20251202324557&amp;lan=en-US&amp;anchor=SIPC&amp;index=5&amp;md5=7b6e4ff541cbb1840d54dc53de731fe9\">SIPC<\/a>, subsidiary of Block, Inc. Bitcoin services provided by Block, Inc. Bitcoin services are not licensable activity in all U.S. states and territories. Block, Inc. operates in New York as Block of Delaware and is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Investing and bitcoin are non-deposit, non-bank products that are not FDIC insured and involve risk, including monetary loss. Cash App Investing does not trade bitcoin and Block, Inc. is not a member of FINRA or SIPC. For additional information, see the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcash.app%2Flegal%2Fus%2Fen-us%2Fbitcoin-disclosures&amp;esheet=54366593&amp;newsitemid=20251202324557&amp;lan=en-US&amp;anchor=Bitcoin&amp;index=6&amp;md5=7a4c59a3b448a741c7ac853d83b0814a\">Bitcoin<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcash.app%2Flegal%2Fus%2Fen-us%2Fdisclosures-in-app&amp;esheet=54366593&amp;newsitemid=20251202324557&amp;lan=en-US&amp;anchor=Cash+App+Investing&amp;index=7&amp;md5=167ab8034a3559d8c49a9ae445d83961\">Cash App Investing<\/a> disclosures.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251202324557r2&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251202324557\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251202324557\/en\/<\/a><\/span><\/p>\n<p>\nMedia Contact:<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@block.xyz\">press@block.xyz<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Other Retail Professional Services Fintech Payments Consumer Electronic Commerce Apps\/Applications Technology Digital Cash Management\/Digital Assets Retail Other Consumer Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday Data reveals a 10% year-over-year increase in transactions during the big shopping weekend as consumers backed local businesses DISTRIBUTED-WORK-MODEL\/SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; In Lower West Side, Chicago section, first bullet point should read: Total BFCM Weekend Volume: $8.4M (instead ofTotal BFCM Weekend Volume: $49M). The updated release reads: BLOCK PROCESSES 124 MILLION TRANSACTIONS AS AMERICANS SHOP LOCAL THIS BLACK FRIDAY, CYBER MONDAY Data reveals a 10% year-over-year increase in transactions during the big shopping weekend as consumers backed local businesses Block, Inc. (NYSE: XYZ) today released its Black Friday, Cyber Monday results, revealing a shift toward local spending as Americans focus on neighborhood economies. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-915354","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday Data reveals a 10% year-over-year increase in transactions during the big shopping weekend as consumers backed local businesses DISTRIBUTED-WORK-MODEL\/SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; In Lower West Side, Chicago section, first bullet point should read: Total BFCM Weekend Volume: $8.4M (instead ofTotal BFCM Weekend Volume: $49M). The updated release reads: BLOCK PROCESSES 124 MILLION TRANSACTIONS AS AMERICANS SHOP LOCAL THIS BLACK FRIDAY, CYBER MONDAY Data reveals a 10% year-over-year increase in transactions during the big shopping weekend as consumers backed local businesses Block, Inc. (NYSE: XYZ) today released its Black Friday, Cyber Monday results, revealing a shift toward local spending as Americans focus on neighborhood economies. &hellip; Continue reading &quot;CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-02T17:35:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251202324557r2&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday\",\"datePublished\":\"2025-12-02T17:35:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\\\/\"},\"wordCount\":1222,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251202324557r2&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacing-block-processes-124-million-transactions-as-americans-shop-local-this-black-friday-cyber-monday\\\/\",\"name\":\"CORRECTING and REPLACING Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber Monday - 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The updated release reads: BLOCK PROCESSES 124 MILLION TRANSACTIONS AS AMERICANS SHOP LOCAL THIS BLACK FRIDAY, CYBER MONDAY Data reveals a 10% year-over-year increase in transactions during the big shopping weekend as consumers backed local businesses Block, Inc. 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