Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
FNB sees Black Friday spend topping R3.3bn as digital payments surge
Cape Times
|November 27, 2025
SOUTH Africa's First National Bank (FNB) expects Black Friday spending to exceed R3.
3 billion this year, supported by sustained growth in digital payments, rising online shopping activity and steady consumer demand across the retail sector.The bank said early 2025 spending trends show continued uptake of secure digital payment tools, positioning this year's event for "solid activity" both in-store and online.
In 2024, FNB processed more than R5.4bn in transactions on its Speedpoint devices over the Black Friday weekend. E-commerce remained a major tailwind, with online transaction values rising 37% and volumes up 76%. Virtual Card usage climbed 59% year-on-year, contributing over R600 million to Black Friday spend.
FNB said it expects similar patterns in 2025, with digital wallets and virtual cards among the fastest-growing payment options, while cash usage continues to decline. Online shopping is forecast to accelerate further as consumers look for convenience and improved security.
Esta historia es de la edición November 27, 2025 de Cape Times.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Cape Times
Cape Times
South Africa's commercial property sector shows solid recovery and momentum
FNB says it forecasts continued improvement in commercial property conditions.
2 mins
November 27, 2025
Cape Times
What China's new ‘blueprint’ means for South Africa
Local value-addition and technology linkages must be emphasised
4 mins
November 27, 2025
Cape Times
Increased security planned for 'high risks’ sites threatened by extortionists
ELEVEN major construction projects in the Western Cape have been hit by extortion or attempted extortion, putting R470 million in development at risk.
2 mins
November 27, 2025
Cape Times
How Dyalvane revives African spirituality
IT’S BEEN years since I last felt the throb of a headache.
3 mins
November 27, 2025
Cape Times
Fugitive shot in chest after month-long manhunt in Strand
THE man who escaped from the Strand Magistrate's Court a month ago has been rearrested and is under police guard in hospital after he was allegedly shot when he threatened an officer with a knife.
1 min
November 27, 2025
Cape Times
Van Wyk hoping to repeat debut heroics
BLITZBOK flyer Shilton van Wyk returns to the scene of a triumphant desert debut at the Dubai Sevens four years ago, hoping to recreate past successes and get the Springbok Sevens team’s campaign off to a fast, winning start this weekend.
2 mins
November 27, 2025
Cape Times
Tiger Brands shares surge 8% after it announces a R4bn final dividend
TIGER Brands' share price leapt 7.
2 mins
November 27, 2025
Cape Times
A new chapter in African children’s literature
ZEITZ Museum of Contemporary Art Africa (Zeitz MOCAA) has partnered with the African Literary Agency for the global representation of The Stories That Ran Away, a groundbreaking compilation of children’s books published by the museum’s BMW Centre for Art Education.
2 mins
November 27, 2025
Cape Times
IPID investigates alleged police assault
POLICE are accused of assaulting a Ladysmith couple in an incident that left the man's hearing aid broken, a case now under investigation by the Independent Police Investigative Directorate (Ipid).
2 mins
November 27, 2025
Cape Times
G20 Summit in South Africa: A success for MSMEs despite the absence President Donald Trump
SOUTH Africa has officially done the unthinkable: pulled off the first-ever G20 Summit on African soil, smoothly, stylishly, and with enough gravitas to make global leaders nod thoughtfully while sipping rooibos tea.
3 mins
November 27, 2025
Listen
Translate
Change font size