NZ card spending growth accelerates in January, Paymark says

NZ card spending growth accelerates in January, Paymark says
Feb. 11 (BusinessDesk) - New Zealanders picked up the pace of spending last month, with the volume and value of transactions increasing at a faster rate than the traditionally busy Christmas period, according to Paymark figures. The value of transactions rose 5.1 percent to $3.96 billion in January from the same month a year earlier, while the number of transactions climbed 6.3 percent to 79 million, Paymark said in a statement. That's a faster rate of growth than the 2.3 percent increase in the value of spending in December and the 3.6 perc...