Kaya 959 Kaya Biz

South Africans still feeling pressure, with busy lifestyles increasing the need for convenience and digital service

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GUEST - Hylton Kallner - Chief executive officer at Discovery Bank

Discovery Bank and Visa today released their new SpendTrend25 report, their third annual collaborative report of South African consumer spending habits based on an in-depth analysis of credit card spend data. Combining their extensive datasets and analytical expertise, SpendTrend25 tracks how consumer spending habits have evolved between 2019 and 2024 among Discovery Bank clients and the broader South African population.

Enhancing the findings of the SpendTrend25 report, Visa and Discovery Bank, this year, commissioned an independent public survey among a set of South Africans to capture more detailed perspectives on the use of cash and digital payments, use of subscription services, banking security perceptions and theinfluence of AI on financial behaviour.
10 Apr 1PM English South Africa Business News · Investing

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