In a black Friday held on 24th November 2017, many activities were involved. eCommerce companies and payment service providers. Payu said it realized an increase of about 8.5 times the transaction volumes from 2016 and an experienced decrease of 0% across all its system components.
PayU’s platforms remained fully operational despite the massive increase in transaction volumes from South Africa during Black Friday as well as the weekend that followed. The active monitoring and routing contributed to the increasing success rate of transactions processed during that day and sorted out some of the issues experienced in 2016. PayU South Africa CEO Karen Nadasen reported.
The company managed to hit the new market for the number of successful transaction proceeds both per second and per hour in the 6 pm to 7 pm slot on 24th evening. The company exceeded the number of successfully processed for Black Friday 2017 compared to 2016. The company managed to put in a lot of planning and productive support days before the trading day.