South Africans spending at record levels

James

MyGaming Alumnus
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BankservAfrica's Economic Transaction Index (BETI) shows a record number of consumer transactions for July, the electronic payment transaction company said on Thursday.

"The BETI reflects 84.2 million transactions for the month of July, which is the highest number of transactions in the life of this index so far," said BankservAfrica regulated products CEO Brad Gillis.

"While one ray of sunshine does not make a summer, the fact remains that the BETI has now...read more here: South Africans spending at record levels
 
I suppose now that most banks offer free swipes it is easier to record spending. Maybe this is only the first time they have been able to measure it more accurately.
 
danny__s_masterhard_card_by_dannyfox_12_05_90-d4pyzk6.jpg


i dont like to use my cards even though both of them are chip cards, too much cloning going around.

i still prefer hard cash
 
I'm guessing I should stop paying for my coffee with my card

I use my credit card for almost everything. It's the eBucks that I earn that keeps me using it. And my c/c is okay. I just put the money back in at the end of the month.

So I hardly ever have cash in me.

So much so that when I was in Musica (some time back) buying a CD, the cashier rang it up and asked me for 5 cents, I didn't have the money to buy it and could not use my card. Was so embarrassed when a kind lady behind me offered the money to pay for me. Will never forget that day or act of kindness.
 
danny__s_masterhard_card_by_dannyfox_12_05_90-d4pyzk6.jpg


i dont like to use my cards even though both of them are chip cards, too much cloning going around.

i still prefer hard cash

What do you do if they steal your wallet. If your card is cloned its easier to get the money back than with cash.
 
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