28 Dec 2015

New electronic spending record for Boxing Day

8:40 am on 28 December 2015

Boxing Day shoppers have broken a new record for Eftpos transactions in New Zealand.

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Photo: 123rf.com

Figures released by Paymark show almost $152 million was spent through its network - an 11.2 percent increase from last year.

Paymark chief executive Mark Rushworth said while Christmas Eve was always the biggest day of the year, Boxing Day gave the retailers an extra boost this year.

"Boxing Day sales have traditionally been strong and we've seen an increase in spending among cafes and restaurants."

The regions spent up large, with Nelson the highest growth area with an 18 percent increase over last year and strong growth also in the Bay of Plenty, Otago, and Hawke's Bay.

Paymark's final data for Christmas Eve also showed a very strong year with $272.6 million spent on what is traditionally the busiest shopping day of the year.

On Christmas Eve 2014, $263.5 million was processed via the Paymark network.