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CONSUMER INSIGHTS

Absa’s Merchant Spend Analytics: January 2025

The January 2025 card transaction data, as anticipated, demonstrated a MTM decline, reflecting a post-festive season spending lull.

CONSUMER INSIGHTS

Absa’s Merchant Spend Analytics: December 2024

We are pleased to share the latest Merchant Spend Analytics report, focusing on December card spending activity.

CONSUMER INSIGHTS

Absa’s Merchant Spend Analytics: November 2024

While Black Friday 2024 marked a modest improvement over the previous year’s dismal performance, it fell short of the double-digit growth achieved in 2022. The post-payday boost contributed to a rise in overall card spending from 3% to 6% during Black Friday 2024, despite a slight softening in transaction volumes.

CONSUMER INSIGHTS

Absa’s Merchant Spend Analytics: October 2024

Consume This, CGS Monthly: Volume 10. After a dip in September, card spending and transaction volumes rebounded strongly in October. This uptick can be attributed to factors such as the recent 2-pot retirement reform and overall economic improvement. This positive trend is particularly promising  for this Black Friday, Cyber Monday and upcoming Festive Season.