Most expensive transaction on Black Friday was over R10m | IOL Business Report

JOHANNESBURG - Black Friday and Cyber Monday continues to be a hit in South Africa with both days exceeding expectations.

“Black Friday did not disappoint. Despite the tougher economy, it seems South Africans took advantage of the day’s special deals with in-store and online transaction volumes reflecting strong year-on-year growth. Both days have certainly made their mark amongst local retailers and shoppers,” Solly Bellingan, Head of Customer Relations at BankservAfrica said.

South Africans shopped up a storm with the total number of Black Friday transactions processed by BankservAfrica at 7 077117 in 2019 – 36% up from 2018’s 5 204 594. This translates into a total spend of R6 billion, an impressive 106% increase on 2018’s R2.9 billion.

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