NZ Boxing Day spending lifts 6.4%, Paymark says

Tue, 26 Dec 2017

By Tina Morrison Dec. 27 (BusinessDesk) - New Zealand electronic spending on Boxing Day lifted 6.4 percent this year, led by growth in department stores, appliance stores and home decorating, according to local payments company Paymark. Paymark said it processed $139 million of electronic payments on Boxing Day this year, while the volume of transactions increased 3.4 percent to 2.5 million. The figures have been adjusted to exclude large clients moving to or from Paymark over the last 12 months. The year-earlier figures weren't availabl...

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