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South Africa's online shopping explosion FNB's Merchant Services has recorded an explosion of growth in ecommerce sales and variety in South Africa since 2019. The bank said the Covid-19 pandemic has exponentially accelerated the adoption of ecommerce in the country.

One Black Friday shopper blew R450,000 in a single transaction A Standard Bank customer spent R450,000 rand in one transaction on Black Friday this year, while another managed to process 79 transactions during the sales. Further data revealed that FNB saw Black Friday spending increase by 19%...