Booming November for electronic transactions

100,000 more purchases than November 2015.

100,000 more purchases than November 2015.

BUSY AT THE TILL: Gisborne shoppers worked eftpos machines hard in November, with 100,000 more purchases by credit and debit card than November of last year, and a total spend of $40.9 million for the month. NZ Herald picture

CHRISTMAS shoppers appear to be out in force in Gisborne after new figures revealed that consumers here last month made 100,000 more purchases by way of credit and debit card than last November.

The latest Paymark statistics revealed that Gisborne consumers made nearly one million electronic transactions last month, a rise of 11.8 percent compared with the same time last year.

The total spend of $40.9m was 8.2 percent up on the same month last year.

Heart of Gisborne manager Lana Davy said she was expecting to see further good news for retailers heading into Christmas.

“It is very positive to see the rises matched by some great feedback from retailers about their sales," she said.

“I encourage people to take part in the late night shopping Christmas carnival on Thursday, December 15 from 6pm to 9pm.

“Santa’s Grotto in Treble Court will also help to bring people into the city centre to enjoy the festivities on offer.

“With two more cruise ships visiting before Christmas, I look forward to seeing some great figures for December.”

Nationally, the increase in transactions and value were proportionately slower than in Gisborne.

More than 100 million transactions were made nationally over the month, 8.6 percent up from last November, and the total spend rose 6.9 percent to $5.03 billion.

Paymark processes more than 75 percent of all electronic transactions in New Zealand, and Paymark statistics include point-of-sale cash withdrawals.

CHRISTMAS shoppers appear to be out in force in Gisborne after new figures revealed that consumers here last month made 100,000 more purchases by way of credit and debit card than last November.

The latest Paymark statistics revealed that Gisborne consumers made nearly one million electronic transactions last month, a rise of 11.8 percent compared with the same time last year.

The total spend of $40.9m was 8.2 percent up on the same month last year.

Heart of Gisborne manager Lana Davy said she was expecting to see further good news for retailers heading into Christmas.

“It is very positive to see the rises matched by some great feedback from retailers about their sales," she said.

“I encourage people to take part in the late night shopping Christmas carnival on Thursday, December 15 from 6pm to 9pm.

“Santa’s Grotto in Treble Court will also help to bring people into the city centre to enjoy the festivities on offer.

“With two more cruise ships visiting before Christmas, I look forward to seeing some great figures for December.”

Nationally, the increase in transactions and value were proportionately slower than in Gisborne.

More than 100 million transactions were made nationally over the month, 8.6 percent up from last November, and the total spend rose 6.9 percent to $5.03 billion.

Paymark processes more than 75 percent of all electronic transactions in New Zealand, and Paymark statistics include point-of-sale cash withdrawals.

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