Today's Labour News

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newsTimes Select reports that on Monday online payment platform PayPal released a report showing that more than half of all South Africans with smartphones were using their devices as their preferred method of transacting.  

According to the report, the majority of South Africans would rather leave their home without their wallet than leave their home without their mobile device, and three of the top seven most used mobile apps were related to eCommerce.  The survey quizzed participants on a number of stressful scenarios and found that 60% of South Africans ranked losing their phone or having it stolen as a scenario that would cause them the most anxiety and worry.  It tied with a home invasion for the highest response, and more South Africans are worried about having their phone stolen than getting fired from their job.  PayPal‚Äôs Efi Dahan said they were expecting online sales in SA to reach R53-billion in 2018, up from R37-billion just two years ago.  

  • Read this report by Farren Collins in full at Times Select (registration required)

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