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FNB: eCommerce Transaction Expected To Rise on Black Friday

credit: FNB

TechInAfrica – According to FNB, they expect a 10% increase from the total number of eCommerce transactions over Black Friday and Cyber Monday. This expectation comes since many consumers who have participated in Black Friday intend to shop online rather than visiting the physical stores. 

It is equal to 2019 where the weekend transaction volume in Black Friday at the FNB Point of Sale tools increased by 32% compared to 2018, while the growth of eCommerce transactions is more than 30%. 

FNB informed that its merchants had increased their game by investing in their platforms to assure a smooth sales experience. Regardless of the types of tools that are used by consumers to purchase their stuff. For instance, the support development for QR Code payment, where consumers can choose the payment option when checking out only by scanning the provided QR Code to pay. 



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