Irish SMEs to miss out on €100m Black Friday spend as just 35% can process online payments

Irish SMEs are set to miss out on a bumper €100m consumer spend on Black Friday as new figures reveal just 35% of SME websites can process payments online.

Firms’ relative lack of online capabilities could cost them dearly over the weekend as shoppers gear up for the spending spree imported from the US in recent years.

A long-standing tradition in the US market, Black Friday sees shoppers flock to stores and online in their droves to take advantage of pre-Christmas deals.