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Tag: online shopping

Online shopping surges due to Covid-19

28th July 2020
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 |  Business

  Average eCommerce spend up 30% y/y Covid-19 lockdown regulations coupled with store closures have resulted in several consumers turning to online shopping for essential products and services. The average eCommerce spend recorded on FNB Merchant devices grew 30% year-on-year during the 1st half of 2020 compared to 2019. During the same period, the active […]

online Shopping Fraud

22nd June 2020
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 |  Business

 The restrictions in physical shopping activity since the start of the lockdown and consumers’ awareness about personal safety have increased the driver for online shopping in recent months. In line with the upsurge, fraudsters have also increased their attempts to defraud consumers through Card Not Present shopping activity. FNB Head of Card Fraud, Senzo Nsibande […]