28 Dec 2009

Boxing Day sales spending up

3:40 pm on 28 December 2009

Spending at Boxing Day sales appears to have grown again this year, though not by as much as in previous years.

Eftpos provider Paymark processed $101 million in transactions on Saturday - a $6 million (5.3%) increase on 2008.

Purchases through Paymark rose by 8% in 2008 compared to the year before, and by 30% in 2007.

Boxing Day transactions were less than half the value of purchases made on Christmas Eve.

The company handles about three-quarters of the country's Efptos transactions.