Jin­gle tills as bank sees 1 000 trans­ac­tions a sec­ond

Weekend Argus (Saturday Edition) - - PEOPLE -

De­cem­ber 15 is tra­di­tion­ally the day Christ­mas bonuses and De­cem­ber salaries are paid.

FNB, South Africa’s third largest bank, noted a record num­ber of trans­ac­tions – pro­cess­ing over 1 000 trans­ac­tions a sec­ond at one point. Spokes­woman Vir- ginia Ma­gat­apona said this in­cluded trans­ac­tions across all plat­forms in­clud­ing point of sale, online bank­ing, cell­phone bank­ing and ATMS.

Ma­gat­apona said the peak of 1 069 trans­ac­tions a sec­ond was up 13.2 per­cent from last year. Most of the growth was seen in the online and cell­phone bank­ing chan­nels.

“Vol­umes typ­i­cally peak at the on­set of hol­i­day sea­sons. The high­est peaks are seen from mid-de­cem­ber as peo­ple com­plete their Christ­mas shop­ping and many com­pa­nies pay salaries a few days ear­lier than nor­mal.”

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