On one of the busiest days shopping days of the year, Cyber Monday, 24 million RBS Group customers across the U.K. got schooled in the pitfalls of plastic. At 6:45 p.m., RBS computer systems crashed — for three hours. Cards fail; cash prevails
The slow economic growth, as well as the risings costs are now being felt by South African consumers. Statistics released by the Spark Cash Index (SCI), which measures the average value of cash withdrawals across more than 2,200 Spark Automated Teller Machines (ATMs) throughout South Africa, showed a decrease in ATM withdrawal levels for September [...]
Kitsbanke by groothandelaars werk die hardste – wat wys verbruikers probeer bespaar op hul inkopies. Die grootste gemiddelde onttrekkings in September was volgens die Spark-kontantindeks (SCI) vir die atgste opeenvolgende maand by kitsbanke by groothandelaars. Kitsbanke werk hard by groot handelaars
South Africa’s economic growth is expected to slow through the rest of 2013 after a strong second-quarter performance, according to a Reuters news agency poll of economists who blamed widespread industrial strife for the slowdown. http://www.bdlive.co.za/economy/2013/09/12/industrial-action-behind-slower-sa-growth-forecast
The continued rise in the use of the South African Social Security Agency (SASSA) debit cards as a means of paying social grants in South Africa has had a significant impact on the country’s Automated Teller Machine (ATM) landscape and has further entrenched cash as the preferred method of transacting for local consumers. Social grant [...]
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Spark Cash Index
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