Voting or shopping: a spike in credit card purchases

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 Voting or shopping: credit card shopping boom < /p>

According to automated banking, credit card purchases indicate that the Israeli population is also using Election Day to shop: the data shows this morning, from 7:00 Until 12:00, transactions totaling 397.49 million shekels were recorded. This is a massive 38% jump in shopping volume compared to the previous election day on March 23, 2021.

This morning's busiest minute was at 11:58: over 11,500 transactions per minute and spending for a total of NIS 2.42 million.

In previous election campaigns, lower spending was recorded during these hours:

• In the elections for the 23rd Knesset on March 2, 2020, the total expenditure was NIS 203.51 million.
• In the elections for the 22nd Knesset on September 17, 2019, the total expenditure was NIS 227.51 million.
• In the elections for the 21st Knesset on April 19, 2019, total spending was NIS 197.77 million.

The jump in spending since the last election, which took place a year and a half ago, reflects the continued rise in credit card use and digital wallets as a convenient and widespread means of payment for Israelis.

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