Tourists flexed their credit cards more in NZ last month, led by Australians, Brits

Wed, 09 Mar 2016

By Jonathan Underhill March 9 (BusinessDesk) - Tourists appear to be spending more on their credit cards in New Zealand, led by visitors from Australia and the UK, based on transactions through the Paymark network. The data doesn't reveal whether the spending is actually by tourists or local residents still using overseas cards but Paymark said the pattern of spending at tourist destinations suggested it was visitors to the country. Total spending on overseas-issued credit cards rose 14.6 percent to $278.8 million in February from the...

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