Worldpay processes over 1,000 payments per second during China Singles Day

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Worldpay processed on average over 9,000 transactions per minute globally during China Singles Day 2015 with        transactions peaking at 1,111 transactions per second during the day’s busiest sales period.

The number of transactions Worldpay processed on Singles Day more than doubled between 2014 and 2015, rising 146%. The total value of Singles Day transactions rose 320% between 2014 and 2015.

In the UK the total value of China Singles Day transactions made on cards in the UK grew 251% and the volume of transactions was up 307%.

Shane Happach, chief commercial officer, Global e-commerce at Worldpay, said: “We’ve been tracking the rise of China Singles Day for a few years now, and it’s incredible to see just how quickly the event has risen to prominence. Alibaba just revealed that Singles Day was the biggest ecommerce day in history, and our global transaction figures only reinforce just how relevant this event has become for online shoppers everywhere. It will be interesting to see how this year’s BlackFriday sales stack up, particularly with many major retailers announcing they’re opting out.”