South Africa’s shift towards online retail accelerated over the Black Friday weekend, with consumers directing a greater share of their spending to e-commerce platforms than ever before. Standard Bank said online sales by its customers rose 75% year on year, contributing 23% to total retail sales over Black Friday weekend, including Cyber Monday, with value…
Some online payment platforms and local banks reported double- and triple-digit growth in spending on Black Friday. South African consumers shopped their way to another strong performance over Black Friday 2025, with online spending surging past the 2024 bargain-hunting weekend period. Online payment platforms and local banks reported double- and triple-digit growth on some platforms,…
Users were struggling to access the FNB app and website on Friday as Black Friday coincided with pay day for many South Africans. A presumed surge in online activity from Black Friday shopping coinciding with usual pay day activity appears to have toppled FNB’s banking app, with FNB-related complaints on incident monitoring website Downdetector spiking…
The busiest shopping day of the year is coming to a close. With almost every major retailer offering their best sales of the year, you’ve got only a few hours left to shop Black Friday deals. Those Ugg clogs you’ve been dreaming about? The AirPods at the top of your wishlist? The Lego set that…
FNB is investigating glitches on its mobile app. Big-four bank FNB is suffering glitches on its mobile application on Black Friday. According to Downdetector, a site that monitors website outages, South Africans started reporting issues with access to the FNB app from 9am. When trying to log in to the app, earlier this morning, FNB…
Payment service provider Peach Payments late Friday said it has tracked a Black Friday-linked transaction worth R1.09-million, which it said was spent in the travel and tourism sector. “Peach Payments has been tracking Black Friday digital transactions data in real time throughout the day on its dashboard and has already experienced more than 80% growth…
As the holiday shopping season starts to kick into high gear, Americans are balancing Black Friday deals with lingering concerns about their own finances. Consumers are looking to shell out less this holiday season, new data from Deloitte shows. Surveyed shoppers said they plan to spend 4% less than last year between Black Friday and…
ITWeb welcomed Ursula Pearson-Williams, Head of Fraud Intelligence at PayInc, to the studio to talk about online fraud, regulations and what every Black November buyer should know. #payinc #freaudawarenessweek #itwebtvbiz Digital payment solutions are becoming increasingly agile and capable, and in line with the instant expectations of South African consumers. Unfortunately, so is fraud. In…
Absa expects that growth of buy now, pay later (BNPL) services will boost Black Friday sales this year for e-commerce merchants. It said in a statement on Wednesday that last year, e-commerce was not as strong as in prior years. However, it believes that from the perspective of the retail client, BNPL will remain a…
As the world prepares for another Black Friday (28 November), South African small and medium enterprises (SMEs) have a golden opportunity to stand out from the big brand noise by offering more value-driven, authentic alternatives. “Big retailers may win on price, but small businesses can win on connection,” saysSudir Sahadeo, Regional Investment Manager at Business…
