
Digital payments surge as Black Friday spending rebounds
Data from Discovery Bank and PayInc shows surging online activity, high volumes and cautious but recovering consumer spend this Black Friday.

Data from Discovery Bank and PayInc shows surging online activity, high volumes and cautious but recovering consumer spend this Black Friday.

Consumers defied economic pressures this Black Friday, with banks processing billions in transactions and setting new records. Digital payments took centre stage, highlighting a significant shift in consumer behaviour.

Solidarity’s latest Bank Charges Report singles out the progress made by Nedbank regarding competitiveness and transparency.

PayShap adoption takes another leap forward as Discovery joins banks offering the real-time digital payment service to their clients.

Comparison of fees shows that PayShap is not necessarily the cheapest way to transfer money.