Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News
      Altron earnings climb as platforms carry the group

      Altron earnings climb as platforms carry the group

      23 September 2026
      The new battle over the desktop

      The new battle over the desktop

      23 September 2026
      Cell C boss buys into his own turnaround - Jorge Mendes

      Cell C boss buys into his own turnaround

      22 September 2026
      Nedbank: the cash economy won't die until digital ID arrives - Mfundo Nkuhlu

      Nedbank: the cash economy won’t die until digital ID arrives

      22 September 2026
      Warren Wheatley resigns as Africa Bitcoin CEO

      Warren Wheatley resigns as Africa Bitcoin CEO

      22 September 2026
    • World
      Anthropic weighs new model launch to blunt OpenAI's Astra surge - Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman

      Anthropic weighs new model launch to blunt OpenAI’s Astra surge

      21 September 2026
      Hackers hack hackers: ShinyHunters seizes cl0p's dark web site

      Hackers hack hackers as dark web feud erupts

      21 September 2026
      Film piracy malware is reaching corporate machines

      Film piracy malware is reaching corporate machines

      21 September 2026
      Crypto's big bet fails as US senate sinks Clarity Act

      Crypto’s big bet fails as US senate sinks Clarity Act

      16 September 2026
      'This is not circular': Jensen Huang defends $3.5-billion MediaTek deal

      ‘This is not circular’: Jensen Huang defends $3.5-billion MediaTek deal

      2 September 2026
    • In-depth
      Meta to the AI industry: slow down without us - Mark Zuckerberg

      Meta to the AI industry: slow down without us

      16 September 2026
      Google DeepMind CEO Demis Hassabis. Image: John Sears

      The plan to stop AI from breaking the world

      16 July 2026
      The internet has a Strait of Hormuz problem

      The internet has a Strait of Hormuz problem

      15 July 2026
      AI boom sparks rally, frenzy and fear

      AI boom sparks rally, frenzy and fear

      11 June 2026
      Every plug-in hybrid on sale in South Africa, ranked by price - Lamborghini Temerario

      Every plug-in hybrid on sale in South Africa, ranked by price

      7 June 2026
    • TCS
      TCS | Octotel's Trevor van Zyl on the fibre merger question

      TCS | Octotel’s Trevor van Zyl on the MetroFibre merger question

      16 September 2026
      Meet the CIO | Shoprite's Chris Shortt on what a supermarket becomes

      Meet the CIO | Shoprite’s Chris Shortt on what a supermarket becomes

      9 September 2026
      Rubicon's EV charging network is profitable - and growing fast - Watts & Wheels

      Rubicon’s EV charging network is profitable – and growing fast

      8 September 2026
      Winstone Jordaan on building a national EV charging network

      Winstone Jordaan on building a national EV charging network

      2 September 2026
      Watts & Wheels S1E8: 'Tesla lands in Africa, just not here'

      Watts & Wheels S1E8: ‘Tesla lands in Africa, just not here’

      24 August 2026
    • Opinion
      Regulating AI: apply the laws we have first - Dirk de Vos

      Regulating AI: apply the laws we have first

      21 September 2026
      The end is nigh, and the shares go on sale in October - Duncan McLeod

      The end is nigh, and the shares go on sale in October

      14 September 2026
      The fragile joint in the Capitec machine - Pambos Soteriades

      The R197-billion market the banks can’t reach

      25 August 2026
      South African tech's compounding debt problem - Jannie van Zyl

      Management consulting as we know it is over

      21 August 2026
      South African tech's compounding debt problem - Jannie van Zyl

      The most dangerous customer is the quiet one

      10 August 2026
    • Company Hubs
      • 1Stream
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • Ascent Technology
      • AvertITD
      • BBD
      • Braintree
      • CallMiner
      • CambriLearn
      • CM.com
      • Contactable
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • HOSTAFRICA
      • Incredible Business
      • iONLINE
      • IQbusiness
      • Iris Network Systems
      • Kaspersky
      • LSD Open
      • Mitel
      • NEC XON
      • Netstar
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Telviva
      • Tenable
      • Vertiv
      • Videri Digital
      • Vodacom Business
      • Vox
      • Wipro
      • Workday
      • XLink
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Financial services
      • HealthTech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Policy and regulation
      • Public sector
      • Retail and e-commerce
      • Satellite communications
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
      • Watts & Wheels
    • Events
    • Advertise
    TechCentralTechCentral
    Home » News » SA online spending to top R37bn

    SA online spending to top R37bn

    By Agency Staff16 February 2016
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    Get breaking news on WhatsApp

    ecommerce-640

    Digital payments business PayPal this week said it expects South Africans to spend more than R37bn online in 2016 as a high penetration of smartphones and cross-border shopping drive online spending. Mobile phones and tablets are expected to account for nearly R12 billion of that — a 70% growth on 2015.

    By 2017, mobile payments are expected to contribute more than R19bn to online spend of R46bn.

    Based on a recent Ipsos survey of more than 800 adult Internet users, PayPal found that 57% of them shopped online in the past 12 months. The majority shopped domestically only, while roughly a third shopped domestically and cross-border.

    The US, the UK and China attract most of South Africans’ offshore spend for reasons including better prices (China), access to items not available in South Africa and greater product variety (US and UK).

    The estimated cross-border spend for 2015 is R9,5bn, the bulk of which went to the US. The figure is expected to grow by 42,3% in 2016. Based on responses from 192 cross-border shoppers, the survey found the following items to be the most popular.

    paypal1-640

    Among the most significant barriers to shopping cross-border are shipping costs, concerns that items won’t be delivered or won’t be in the expected condition when delivered, as well as worries around the security of personal and financial details.

    PayPal recently introduced a refund and return service, where it covers the cost of up to 12 returns per year at a maximum of US$30/return for users of its payments service. “It costs PayPal less to cover the returns in terms of the increase in shopping volumes,” said PayPal regional director for Africa and India Efi Dahan.

    “People who opt in to this service spend on average 30% more online,” Dahan said, noting that the service comes at no extra cost to PayPal users, who are refunded for their return costs after supplying PayPal with an invoice.

    paypal2-640

    Businesses such as MallForAfrica, meanwhile, offer a shipment calculator that indicates what fees and duties you can expect to pay for online purchases.

    “There are no more borders between online and offline,” Dahan added, pointing out that consumers may go into store and try a particular item of clothing on and then buy it online at a cheaper price or in a different colour.

    More than a quarter of the 4,9bn transactions that PayPal processed in 2015 were done via a mobile device. The company boasted total payment volumes of $282bn last year and revenue of $9,2bn.

    • This piece was first published on Moneyweb and is used here with permission
    Add TechCentral as a preferred source on GoogleFollow TechCentral on Google NewsGet breaking news on WhatsApp


    Efi Dahan Ipsos PayPal
    WhatsApp YouTube
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleEconomic crisis ‘rendering SA sober’
    Next Article MTN to reimburse customers after outage

    Related Posts

    Stripe, Advent in talks to buy PayPal for $53-billion

    Stripe, Advent in talks to buy PayPal for $53-billion

    15 July 2026
    Where SA remote workers keep the most: Wise, Grey, Payoneer or PayPal

    Where SA remote workers can keep the most: Wise, Grey, Payoneer or PayPal

    15 June 2026
    Peter Thiel's secretive Rome conference draws Church attention

    Peter Thiel’s secretive Rome conference draws Church attention

    16 March 2026
    Company News
    How agentic AI is transforming South African security operations - Maidar Secure Strike48

    How agentic AI is transforming South African security operations

    22 September 2026
    Closing the AI impact gap - Jason Molesworth and Biase De Gregorio - iqbusiness

    Closing the AI impact gap

    22 September 2026
    Sigfox looks to bridge IoT and AI

    Sigfox South Africa looks to bridge IoT and AI

    22 September 2026
    Opinion
    Regulating AI: apply the laws we have first - Dirk de Vos

    Regulating AI: apply the laws we have first

    21 September 2026
    The end is nigh, and the shares go on sale in October - Duncan McLeod

    The end is nigh, and the shares go on sale in October

    14 September 2026
    The fragile joint in the Capitec machine - Pambos Soteriades

    The R197-billion market the banks can’t reach

    25 August 2026

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Latest Posts
    Altron earnings climb as platforms carry the group

    Altron earnings climb as platforms carry the group

    23 September 2026
    The new battle over the desktop

    The new battle over the desktop

    23 September 2026
    Cell C boss buys into his own turnaround - Jorge Mendes

    Cell C boss buys into his own turnaround

    22 September 2026
    Nedbank: the cash economy won't die until digital ID arrives - Mfundo Nkuhlu

    Nedbank: the cash economy won’t die until digital ID arrives

    22 September 2026
    © 2009 - 2026 NewsCentral Media
    Built and maintained by Chronon
    • Cookie policy (ZA)
    • TechCentral – privacy and Popia

    Type above and press Enter to search. Press Esc to cancel.

    Manage consent

    TechCentral uses cookies to enhance its offerings. Consenting to these technologies allows us to serve you better. Not consenting or withdrawing consent may adversely affect certain features and functions of the website.

    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}