Choppy start to Christmas spree
The early days of the Christmas spending spree have been choppy. Underlying Paymark spending amongst non-fuel merchants was down 0.1% in seasonally adjusted terms between October and November
Archive: 04/12/2018
Plastic apocalypse
Millennials are turning away from credit cards; just 41% of Aussie Millennials* and 33% of US Millennials have one*, compared to more than half of older consumers. That’s probably why Kiwi retailers with younger demographics have driven the growing popularity and uptake of Online EFTPOS. No wallet? No credit card? No problem. You only need your phone and your banking app.
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