SpendTrend23 shows how SA spending habits have changed since Covid-19

“Discovery Bank continuously analyses spending behaviour to understand how we can enhance our clients’ lives and improve our products,” says Kallner. 

“It's our aim, as a bank built on digital technology, to share insights that reflect the behaviour of consumers to create better experiences and bolster the performance of our economy. Identifying trends, such those outlined in the SpendTrend23 report, enables the industry as a whole to provide consumers with seamless, convenient ways to interact in a digital economy.”

 “Visa is constantly working to remove barriers — and connect more people — to the digital economy, and data can enlighten us on the path to get there,” agrees Lineshree Moodley, country head for Visa SA. 

“We are proud to [have been] able to collaborate [with Discovery Bank on the SpendTrend23 reports] to bring relevant insights that we hope will drive meaningful conversation and action within our industry.”

Click here to download a copy of the SpendTrend23 report.

This article was sponsored by Discovery Bank.