E-commerce spending grew just under a fifth in the first six months of 2021, with many companies investing heavily in their digital presence
A recovery of sales in brick-and-mortar stores has failed to derail the momentum of e-commerce growth, which is increasingly becoming the new normal, according to SA’s most valuable bank, FNB.
The total e-commerce spend recorded on FNB Merchant Services grew 19% year on year during the first half of 2021 year on year, FNB said in a statement, while during the same period, the active e-commerce merchant base increased 22%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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