Article provided by PayFast Following a record-breaking Black Friday weekend in 2020, this year’s total online transaction volumes increased by a further 34% – as well as a 30% increase in total purchase values overall – highlighting a long-term shift in consumer behaviour as a result of the pandemic. This is according to data released […]
Article provided by PayFast Following a record-breaking Black Friday / Cyber Monday period in 2020, it’s not surprising that this year we once again broke records with this year’s total online transaction volumes increasing by a further 34% – as well as a 30% increase in total purchase values overall. There was also a 30% […]
Article provided by PayFast South Africa’s retail sector has entered the age of e-commerce, with total online retail sales expected to reach R42-billion by the end of 2021. From the rise of contactless payments to the boom in social commerce, the pandemic has significantly altered consumer expectations when it comes to making purchases online. To […]
Article written by Thembani Biyam (Bizcommunity) A few years ago, the majority of South Africans had never made a single purchase online. Today, the local e-commerce market has experienced a massive boom as lockdown restrictions aimed at curbing the spread of COVID-19 made online shopping feel like the safer, and sometimes the only option for […]
Article provided by PayFast We’re excited to announce the addition of a Buy Now Pay Later (BNPL) payment option to PayFast with MoreTyme by TymeBank. With this launch, businesses using PayFast as their payment gateway now have the ability to let their customers pay for their purchases in 3 interest-free payments over 2 months. As a merchant, you get paid upfront […]
Article provided by PayFast One of the biggest events in the retail calendar is nearly upon us: the Black Friday / Cyber Monday period. After the ups and downs of lockdown and everything else that 2021 may have thrown your way, Black Friday 2021 can be a great opportunity to increase cash flow, move old […]
Article provided by APS Whether you’re the kind of consumer that studies a monthly catalogue with calculator and magic marker in hand, or the person who in mid-July gets distracted from window-cleaning chores by pictures and best prices of Easter eggs, the thinking behind the creation of a store catalogue has changed little since the […]
