FNB expects more than R3.3 billion in Black Friday spend driven by strong digital activity
FNB anticipates another strong day of spend on Black Friday this year The post FNB expects more than R3.3 billion in Black Friday spend driven by strong digital activity appeared first on The Home Of Great South African News.
FNB anticipates another strong day of spend on Black Friday this year, with continued growth expected in digital payments, online shopping and overall transactions expected to exceed R3.3 billion. Early signals across 2025 show consistent customer spending and sustained adoption of secure digital payment methods, positioning this year’s event for solid activity across both physical and online retail.
In 2024, over R5.4 billion in transactions were processed on FNB Speedpoint devices throughout the weekend. E-commerce was a major driver of activity, recording a 37% increase in transaction values and a 76% increase in transaction volumes. Virtual Card spend grew by 59% year-on-year, contributing more than R600 million to total Black Friday spend.
The post FNB expects more than R3.3 billion in Black Friday spend driven by strong digital activity appeared first on The Home Of Great South African News.
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