Record spend by Christmas shoppers

Published: 2:56PM Thursday December 24, 2009 Source: Newstalk ZB

  • Print this article
  • Text size + -

Last minute Christmas shoppers have set a seasonal record.

Eftpos provider Paymark says at the peak between midday and 1pm on Thursday shoppers were ringing up 131 transactions every second.

Paymark CEO  Simon Tong says the resulting 438,000 transactions for the hour is a record.

But he says New Zealanders are continuing to spend at an amazing rate, with more than 100 transactions a second every hour since 10am on Thursday.

"We predicted it, and we're seeing it again. It's been a very strong week, but today will be the biggest day undoubtedly," Tong says.

"It'll break the records not only for transactions but for dollars through the till."

Tong expects in excess of $225 million to be spent through eftpos alone on Christmas Eve, which will also be a new record.

  • Print this article
  • Text size + -
  • more...

Latest NZ News Video

Advertising

How do you want your news?

  • Mobile Devices

    TVNZ is available on mobile phones: Text TVNZ to 8869.

  • News Feeds

    See when TVNZ have added new content. You can get the latest headlines anywhere.

  • Podcasts

    Enjoy TVNZ on the move - a wide range of programmes and highlights are available.