Essayer OR - Gratuit
FNB sees Black Friday spend topping R3.3bn as digital payments surge
The Star
|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.
ENB 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.
Cette histoire est tirée de l'édition November 27, 2025 de The Star.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Star
The Star
Teen builds Al diffusion model while achieving academic excellence
TRINITYHOUSE student Tristan Jay Neale is a remarkable example of tenacity and ingenuity during a challenging academic year.
1 mins
January 12, 2026
The Star
'WE'RE NOT LAZY,' YOUTH HIT BACK AT MANTASHE
Rustenburg young people express pain and frustration over unemployment
3 mins
January 12, 2026
The Star
Ramlal: Balancing academics with competition
SASHEN Ramlal, a Crawford International Lonehill matriculant, has balanced national-level academic competition with a demanding subject load, through discipline, resilience, and unwavering focus.
1 min
January 12, 2026
The Star
Treasury releases withheld funds to 75 municipalities, urges tighter fiscal discipline
THE National Treasury and the South African Local Government Association (Salga) have confirmed that the December tranche of the Local Government Equitable Share (LGES) was disbursed over the festive period to 75 municipalities whose funds had been withheld due to financial mismanagement.
1 mins
January 12, 2026
The Star
Wentzel's triumph over academic and health hurdles
FOR Celia Falconer Wentzel of Crawford International Sandton, the matric year unfolded with an uncommon sense of calm rather than chaos.
1 min
January 12, 2026
The Star
How Africa can turn fragmented mineral belts into coherent regional value chains
In 2023, a mine operating along the Central African Copperbelt moved its first test consignment through the Lobito Corridor, using the refurbished rail spine that links the Democratic Republic of Congo to Angola's Atlantic coast.
4 mins
January 12, 2026
The Star
How Tshegofatso Mashatola turned around academic disappointment
FROM academic disappointment to well-earned distinction, Tshegofatso Mashatola of Crawford International Ruimsig turned one of her toughest matric lows into a powerful comeback story defined by resilience, reflection and reward.
1 mins
January 12, 2026
The Star
Life coach's reign of terror laid bare in ‘Evil Influencer’
DOCUMENTARIES like this aren't made for comfort.
3 mins
January 12, 2026
The Star
Copper lure drives Rio Tinto into R3.4trln merger talks with Glencore
Shares in Glencore surge 10% on the Johannesburg Stock Exchange, closing at over R100-per-share
2 mins
January 12, 2026
The Star
Meta partners with US nuclear companies to power AI data centers
TECH giant Meta has announced major agreements with three US nuclear energy companies that it says will add up to 6.6 gigawatts of clean power by 2035.
2 mins
January 12, 2026
Listen
Translate
Change font size