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South African smaller merchants are cashing in online |IT News Africa – Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports | Africa’s Technology News Leader
The annual shopping mega events of Black Friday and Cyber Monday, which take place immediately after the North American Thanksgiving holiday, have quickly grown into one of the most important retail events in South Africa.
“Analysis of this year’s activity doesn’t only show exceptional growth in the volume of transactions, but highlights the growing activity of smaller merchants who are cashing in on the online opportunity,” says Peter Harvey MD at DPO PayGate. “SME sign-ups to our offering in the three months ahead of the event and the volume of transactions pumped through our servers coming from the smaller merchants show that local entrepreneurs are finding ways to beat market adversity.”
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