BankservAfrica

The BankservAfrica Economic Transactions Index #BETI remained largely unchanged in November, continuing the sideways trend observed since May 2024.  However, optimism levels for improved growth in 2025 and into the medium term, remains the expectation. Find out more here: https://lnkd.in/dhjTK2Tp Elize Kruger (Independent economist), Shergeran Roberto Naidoo #datainsights #transactions #economy

#BlackFriday2024 highlights 🛍️📊 Black Friday 2024 outperformed an ordinary weekday but showed modest year-on-year growth, according to our data. Factors like pay day timing, and month-long promotions, may have influenced shopping behavior this year, according to Solly Bellingan, Head of Marketing at BankservAfrica. Catch all of our in-store and online shopping trends in this special report and infographic here: https://lnkd.in/d_3FkZ8W #datatrends #shopping #insights

This morning, industry leaders came together to celebrate the launch of PayShap Request, a testament to the power of collaboration and innovation in South Africa’s payments landscape.    The occasion highlighted the incredible journey behind PayShap Request—South Africa’s first secure interbank payment request solution. By working toward a common goal, the industry has shown what can be achieved when collaboration drives inclusivity and economic growth.   Thank you to all our participants for your continued support in shaping the future of real-time payments in South Africa.   Learn more about PayShap Request here: https://lnkd.in/dMrUzcay PayShap SA #NowThatsShap #collaboration #industryfirst #innovation

✨💻#BlackFriday 24-hour highlights 📋✨ Here’s how the day's online shopping unfolded, according to our 3D Secure CNP data: 🌙➡️🌅 Midnight to morning surge: Deal hunting started at midnight but at a slower pace. Activity ramped up from 06:00, peaking online between 09:00 and 10:00. 🛍️💳Online deals dominate: Online shopping stayed strong throughout the day, with volumes well-above Thursday, a typical shopping day. ⏳📊Final rush: The last-minute shopping frenzy saw volumes surge, with modest growth compared to Black Friday 2023. Find more information in our summary here: https://lnkd.in/dcMeYnaZ Stay tuned for our full Black Friday report early next week! #BlackFriday2024 #shoppingtrends #insights

✨ 🌆 The evening rush kept the momentum high, with our Card POS and 3D Secure CNP volumes outperforming Thursday’s figures. Will the last stretch of Black Friday 2024 bring a final boost? Catch our 24-hour summary tomorrow! #BlackFriday #BlackFriday2024 #shoppingtrends

💥🛒✨ The shopping frenzy continued into the afternoon, as Card POS volumes at 16:00 were 76% up compared to the same time yesterday, and 3D Secure CNP growth tracked higher at 78%. The convenience of online shopping continues to stand out, with volumes modestly surpassing 2023. #BlackFriday #BlackFriday2024 #shoppingtrends #trends

🕒 📱 The early afternoon Black Friday numbers are rolling in, with in-store and online shopping tracking well above the previous day - or a typical shopping day. Compared to Black Friday 2023, our 3D Secure CNP volumes have grown marginally year-on-year, in contrast to the Card POS volumes. With several factors at play, this year’s Black Friday is one to watch closely. #blackfriday2024 #data #trends

📉 🛒 Our latest data shows #BlackFriday volumes are holding strong, well above yesterday’s typical shopping day. At 11:00, our Card POS volumes were up by 77% and 73% for 3D Secure CNP compared to the same time yesterday. In-store has dropped slightly from last year while online shopping is maintaining a marginal lead. With the rest of the day ahead, only time will tell how this year’s Black Friday growth measures up to 2023. #blackfriday2024 #data #trends

💳 🏬 As the morning progresses, our data shows a shift toward in-store shopping, growing steadily by the hour. At 09:00, BankservAfrica’s Card POS volumes picked up by 26% from 08:00. Volumes were 76% up compared to the same time yesterday and showed growth of 8% compared to last year’s Black Friday. #blackfriday2024 #data #trends

🛍️ 🌄 Black Friday shopping continues to improve by the hour as more South Africans wake up to the specials on offer. Between 07:00 – 08:00, BankservAfrica’s 3D Secure CNP showed volume growth of 78% compared to the same time yesterday, and a 19% y/y growth. Our Card POS volumes increased by 81% compared to yesterday, with 23% more volumes processed than last year. It's still the early hours of Black Friday - could the better economic conditions lead to a stronger performance this year? Catch our predictions press release here: https://lnkd.in/dAGbpgQ8 #blackfriday2024 #data #trends