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Black Friday spending sizeably more this year

Black Friday spending was sizeably more this year compared to 2021, with 42% more transactions that last year, marking the return of the Black Friday bumper spend as midnight and intra-day deals exceeded the 2021 figures. Online sales emerged as the clear winner, tracking significantly higher growth.  BankservAfrica logged a total of 1.2 million transactions worth over R1 billion on 3D-Secure*, BankservAfrica’s online card authentication service. “This is a sizeable growth of 42% more transactions than the 737 985 total in 2021,” says Martin Grunewald, chief business officer at BankservAfrica. “In the hours between 1am and 5am, BankservAfrica recorded more…

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