ATM withdrawals increased in November as striking miners returned to work, according to figures released yesterday. According to Spark ATM Systems, which installs and maintains the machines, average cash withdrawals in November increased to R442,71, up from R439,27 the previous month. ATM withdrawals up in November
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The average cash withdrawal values across South Africa for November 2012 was R442.71, a positive month-on-month growth of 0.78% in average cash withdrawal figures from October’s R439.27, as measured by the Spark Cash Index (SCI). This follows a month-on-month drop of 2.27% in average cash withdrawal figures for October 2012, fuelled by the strikes in […]
If last year’s statistics are anything to go by, consumer spending during the festive season will soon be at an all-time high. The Spark Cash Index, which measures withdrawals across Spark ATMs throughout the country, reported a 2% year-on-year increase for the period December 1-18 last year. Don’t blow that bonus
With challenging trading conditions for local retailers, it is crucial for small businesses operating in this space to identify innovative ways to boost sales and boost customer service. ATMs can boost sales, customer service
Financial implications of strikes will not last long
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Strikes in the mining and transport sectors have resulted in fewer ATM cash withdrawals, according to figures released on Thursday. There was a significant decline in average automated teller machine (ATM) cash withdrawals during October, according to Spark ATM Systems… Less cash withdrawn from ATMs due to strikes
Cash withdrawals are reported to have improved last month‚ according to the latest Spark Cash Index which measures the average value of cash withdrawals across more than 2‚000 Spark ATMs throughout SA. More cash withdrawals recorded in September
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Spark Cash Index
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