A Year Of Two Quarters | Scoop News
Monday, 11 January 2021, 8:34 am Retailers using the Paymark network know that 2020 was a tough year for many but by December for a number at least, the year ended on a high note. The June quarter, which included Level 4 nationwide lockdown, saw payments through Paymark via an underlying set of Core Retail merchants drop 15.5% from a year earlier in dollar terms. By the December quarter that had completely reversed and year on year December 2020 was up by 5.0% over December 2019. For the year in total, Core Retail spending was $42.6 billion through Paymark, an underlying increase of just 0.1...