Discovery Bank has revealed how one customer spent a whopping half a million rand in a single transaction on Black Friday.
The bank shared its data with the public as a means of tracking consumer trends and overall economic health.
BLACK FRIDAY: SA SHOPPER SPENDS R500K ON RETAIL THERAPY
According to Discovery Bank’s SpendTrend dashboard, data tracked the spending habits of its clients between 00:00 and 23:00 on Black Friday.
The tool revealed how much consumers spent, where they spent their cash, the times of their transactions, and whether they opted for online or in-store purchases.
The data provided a detailed view of the locations of its clients and their corresponding age groups.
Discovery shared that the average online transaction for its clients was R969.
In a surprising detail, it also revealed that one customer spent a whopping R500,000 in a single transaction. It also shared how another spent R99,036 in a single card transaction before 08:00.
Ultimately, the data revealed that most transactions were made online on smart devices, using virtual cards and digital wallets.
WHAT DID SHOPPER BUY WITH HALF A MILLION?
MyBroadBand reports that the shopper who spent half a million splurged it on a hotel booking. No other information was given.
According to various reports, a night or two at these high-end luxury rentals could be the perfect fit…
- Silo Hotel in Cape Town, where the penthouse costs up to a quarter of a million rand.
- Royal Malewane, situated in the Kruger National Park, offers rooms priced at over R200 000 per night.
- Ellerman House in Cape Town, which costs up to R200 000 a night at the exclusive villa
