Wednesday 4th March 2009 |
Text too small? |
There were about $3.25 billion of electronic transactions across Paymark's network in February, down 2.2% from a year earlier. The volume of transactions gained 1.1% from February 2008, when the month included an extra day for leap year.
Spending on food climbed 6.6% in value term and 6.9% in volume, suggesting consumers are choosing to buy their food from the supermarket and eat at home, rather than dine out. Adjusting for leap year, the value of transaction rose 1.9% in the latest month, it said.
Spending in Auckland and Northland fell 2.6% to $1.26 billion, spending in Wellington dropped 1% to $337 million and the value of transactions in Canterbury declined 1.7% to $399.7 million. Spending fell 2.8% to $228 million in Waikato and 3.2% to $205.7 million in the Bay of Plenty.
Paymark's eftpos network handles about 75% of New Zealand's in-store electronic transactions, according to its statement.
No comments yet
NZAS Sign Long Term Contracts
Amended - IFT230 Maturity and Exchange for IFT350
Synlait forecast milk price update
Chorus submits 2023 fibre regulatory report
Infratil Infrastructure Bond Exchange Offer opens
May 31st Morning Report
NZAS and Mercury sign long-term agreement, creating opportunity for future investment in renewables
Meridian and NZAS sign long term contracts
ArborGen Holdings Results for Year Ended 31 March 2024
BAI - Full unaudited results to 31 March 2024