One Black Friday shopper spent R120,000 but average is R700
24 November 2023 - 11:36
byRorisang Kgosana
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Black Friday buyers did not waste time on Friday as more than 160,000 transactions were made by 10am, with the largest purchase by an individual totalling R120,000.
Peach Payment's Black Friday Dashboard showed most payments and purchases were made at 5am followed by another mass purchase at 8am.
By 10am, 164,195 transactions were processed by Black Friday consumers.
Most buyers were from Gauteng with 53.06% of the total, followed by the Western Cape which contributed 43.99% of transactions.
The least purchases came from Limpopo, the Northern Cape and the Free State, which contributed a small fraction: 0.01%. Mpumalanga contributed 0.03%, the North West 0.04%, the Eastern Cape 0.08% and KwaZulu-Natal buyers contributed 2.79%.
The top five payment methods were Visa, Mastercard, American Express, Capitec and electronic funds transfers.
According to data by Ozow, an online payment method, the largest purchase by an individual was R120,000. On average, consumers spent about R677.30.
FNB had issues on their deals at midnight, but this was resolved by the morning.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
One Black Friday shopper spent R120,000 but average is R700
Black Friday buyers did not waste time on Friday as more than 160,000 transactions were made by 10am, with the largest purchase by an individual totalling R120,000.
Peach Payment's Black Friday Dashboard showed most payments and purchases were made at 5am followed by another mass purchase at 8am.
By 10am, 164,195 transactions were processed by Black Friday consumers.
Most buyers were from Gauteng with 53.06% of the total, followed by the Western Cape which contributed 43.99% of transactions.
The least purchases came from Limpopo, the Northern Cape and the Free State, which contributed a small fraction: 0.01%. Mpumalanga contributed 0.03%, the North West 0.04%, the Eastern Cape 0.08% and KwaZulu-Natal buyers contributed 2.79%.
The top five payment methods were Visa, Mastercard, American Express, Capitec and electronic funds transfers.
According to data by Ozow, an online payment method, the largest purchase by an individual was R120,000. On average, consumers spent about R677.30.
FNB had issues on their deals at midnight, but this was resolved by the morning.
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